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3.—(1) This Part specifies the instalments which are payable in respect of a TV licence known as a “Budget instalment television licence (including colour)” which is described in the following provisions of this paragraph.
(2) A licence of the type referred to in sub-paragraph (1) is a licence of the same description as that given in the second entry of column 2 of the table in Schedule 1 but where payment for the licence is to be made in instalments as provided in this Part.
(3) Such a licence is only issued where the period beginning on the date on which the licence is issued and ending on the date on which it expires is more than 8 months.
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