Power of Director to review previous decision with respect to arrangements
7(1)The Director may at any time after making a report under paragraph 1 with respect to any arrangements—
(a)consider afresh whether the arrangements (as for the time being in force) satisfy the competition test; and
(b)make a further report on those arrangements in accordance with sub-paragraphs (3) to (5) of paragraph 1.
(2)If, while any arrangements are under consideration by the Director under this paragraph, he is informed in accordance with section 39(12)(b) of this Act of any modification of those arrangements, he may, if he thinks fit, decide to vary the matters under consideration so far as is necessary to take account of the modification; and, if he does so, references to those arrangements in sub-paragraph (1)(a) and (b) above shall accordingly be construed as references to those arrangements as modified.
(3)The Director shall send a copy of any report made by him under this paragraph to the Commission and to every holder of a regional Channel 3 licence.
(4)Paragraphs 2 to 6 shall have effect in relation to any such report as they have effect in relation to a report made by the Director under paragraph 1.