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(1)The Commission shall, for the financial year which includes the commencement of this section and each subsequent financial year, determine an aggregate amount which they consider it would be appropriate for the holders of Channel 3 and Channel 5 licences to contribute, in accordance with this section, towards the expenses incurred by the nominated body in connection with the maintenance by it of a national television archive.
(2)In this section “the nominated body” means such body as may for the time being be nominated by the Commission for the purposes of this section, being a body which—
(a)is for the time being a designated body for the purposes of section 75 of the M1Copyright, Designs and Patents Act 1988 (recordings for archival purposes), and
(b)appears to the Commission to be in a position to maintain a national television archive.
(3)A Channel 3 or Channel 5 licence shall include conditions requiring the licence holder to pay to the Commission, in respect of each of the financial years mentioned in subsection (1), such amount as they may notify to him for the purposes of this section, being such proportion of the aggregate amount determined for that year under that subsection as they consider appropriate (and different proportions may be determined in relation to different persons).
(4)Any amount received by the Commission by virtue of subsection (3) shall be transmitted by them to the nominated body.
(5)In this section—
“the Commission” means the Independent Television Commission; and
“Channel 3 licence” and “Channel 5 licence” have the same meaning as in Part I of this Act.
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