Modifications etc. (not altering text)
1(1)In this Schedule—E+W+S+N.I.
[F1“the 1996 Act” means the Broadcasting Act 1996;]
“advertising agency” means an individual or a body corporate who carries on business as an advertising agent (whether alone or in partnership) or has control over any body corporate which carries on business as an advertising agent, and any reference to an advertising agency includes a reference to an individual who—
is a director or officer of any body corporate which carries on such a business, or
is employed by any person who carries on such a business;
[F2in relation to a body corporate, shall be construed in accordance with paragraph (1A), and]
in relation to an individual, shall be construed in accordance with sub-paragraph (2);
[F3“Broadcasting Act licence” means a licence under Part 1 or 3 of this Act or Part 1 or 2 of the Broadcasting Act 1996;]
in relation to a body corporate, shall be construed in accordance with sub-paragraph (3), and
in relation to any body other than a body corporate, means the power of a person to secure, [F4by whatever means and whether directly or indirectly], that the affairs of the first-mentioned body are conducted in accordance with the wishes of that person;
“M1Companies Act 1985;” has the same meaning as in the
in relation to England F6. . ., means any of the following, that is to say, the council of a county, district or London borough, the Common Council of the City of London and the Council of the Isles of Scilly;
[F7in relation to Wales, means a county council or county borough council;]
in relation to Scotland, means a [F8council constituted under section 2 of the Local Government etc. (Scotland) Act 1994]; and
in relation to Northern Ireland, means a district council;
“participant”, in relation to a body corporate, means a person who holds or is beneficially entitled to shares in that body or who possesses voting power in that body.
[F9(1A)For the purpose of determining the persons who are the associates of a body corporate for the purposes of this Schedule—
(a)an individual shall be regarded as an associate of a body corporate if he is a director of that body corporate, and
(b)a body corporate and another body corporate shall be regarded as associates of each other if one controls the other or if the same person controls both.]
(2)For the purpose of determining the persons who are an individual’s associates for the purposes of this Schedule, the following persons shall be regarded as associates of each other, namely—
(a)any individual and that individual’s husband or wife and any relative, or husband or wife of a relative, of that individual or of that individual’s husband or wife;
(b)any individual and any body corporate of which that individual is a director;
(c)any person in his capacity as trustee of a settlement and the settlor or grantor and any person associated with the settlor or grantor;
(d)persons carrying on business in partnership and the husband or wife and relatives of any of them;
(e)any two or more persons acting together to secure or exercise control of a body corporate or other association or to secure control of any enterprise or assets;
and in this sub-paragraph “relative” means a brother, sister, uncle, aunt, nephew, niece, lineal ancestor or descendant (the stepchild or illegitimate child of any person, or anyone adopted by a person, whether legally or otherwise, as his child, being regarded as a relative or taken into account to trace a relationship in the same way as that person’s child); and references to a wife or husband shall include a former wife or husband and a reputed wife or husband.
[F10(3)For the purposes of this Schedule a person controls a body corporate if—
(a)he holds, or is beneficially entitled to, more than 50 per cent. of the equity share capital in the body, or possesses more than 50 per cent. of the voting power in it, or
(b)although he does not have such an interest in the body, it is reasonable, having regard to all the circumstances, to expect that he [F11would (if he chose to) be able in most cases or in significant respects], by whatever means and whether directly or indirectly, to achieve the result that [F12affairs] of the body are conducted in accordance with his wishes; or
(c)he holds, or is beneficially entitled to, 50 per cent. of the equity share capital in that body, or possesses 50 per cent. of the voting power in it, and an arrangement exists between him and any other participant in the body as to the manner in which any voting power in the body possessed by either of them is to be exercised, or as to the omission by either of them to exercise such voting power.
(3A)For the purposes of sub-paragraph (3)(c)—
(a)“arrangement” includes any agreement or arrangement, whether or not it is, or is intended to be, legally enforceable, and
(b)a person shall be treated—
(i)as holding, or being beneficially entitled to, any equity share capital which is held by a body corporate which he controls or to which such a body corporate is beneficially entitled, and
(ii)as possessing any voting power possessed by such a body corporate.]
(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5)For the purposes of any provision of this Schedule which refers to a body controlled by two or more persons or bodies of any description taken together, the persons or bodies in question shall not be regarded as controlling the body by virtue of paragraph (b) of sub-paragraph (3) unless they are acting together in concert.
(a)holds or is beneficially entitled to more than [F145 per cent.] of the shares in that body, or
(b)possesses more than [F145 per cent.] of the voting power in that body.
(7)Sub-paragraph (6) shall have effect subject to the necessary modifications in relation to other references in this Schedule—
(a)to an interest of more than a specified percentage in a body corporate, or
(b)to an interest of a specified percentage or more in a body corporate.]
F15(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .