351 Changes of control of Channel 3 services

Changes of control

351  Changes of control of Channel 3 services

(1)     The regulatory regime for every Channel 3 service provided by a body corporate includes—

(a)     a condition requiring the licence holder to give OFCOM advance notification of any proposals known to the body that may give rise to a relevant change of control; and

(b)     a condition requiring the licence holder to provide OFCOM, in such manner and at such times as they may reasonably require, with such information as they consider necessary for the purposes of exercising their functions under this section and section 352.

(2)     OFCOM must carry out a review where—

(a)     they receive notification, in accordance with a condition of a Channel 3 licence, of proposals that may give rise to a relevant change of control; or

(b)     a relevant change of control takes place (whether or not that change has been previously notified to OFCOM).

(3)     The review shall be a review of the effects or likely effects, in relation to the matters mentioned in subsections (4) to (7), of—

(a)     the change to which the proposals may give rise; or

(b)     the change that has taken place.

(4)     The

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