6U.K.The following persons are disqualified persons in relation to [F1a Broadcasting Act licence]—
(a)an advertising agency;
(b)an associate of an advertising agency;
(c)any body which is controlled by a person falling within sub-paragraph (a) or (b) or by two or more such persons taken together;
(d)any body corporate in which a person falling within any of sub-paragraphs (a) to (c) is a participant with more than a 5 per cent. interest.
Textual Amendments
F1Words in Sch. 2 Pt. II substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 69(4) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)