Part 3

Television and Radio Services ETC
Chapter 1

The BBC, C4C , S4C and the Gaelic media service

C4C

Borrowing limit for C4C
202
1
The Secretary of State may by order provide for a limit on the borrowing that C4C is allowed to undertake.
2
The order may fix the limit either—
a
by specifying the sum which the outstanding borrowing of C4C must not at any time exceed; or
b
by providing a method of determining the sum which that borrowing must not exceed.
3
C4C are not to borrow money if the effect of the borrowing would be to cause the amount of their outstanding borrowing to be, or to remain, in excess of the limit (if any) that is for the time being in force.
4
For the purposes of this section the amount of C4C’s outstanding borrowing at any time is the aggregate amount outstanding at that time in respect of the principal of sums borrowed by them, but after allowing sums borrowed to repay existing loans to be applied for that purpose.
5
Before making an order under this section, the Secretary of State must consult C4C.
6
The consent of the Treasury is required for the making of an order under this section.
S. 202 in force at 29.12.2003 by S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
Word in Pt. 3 inserted (8.6.2010) by Digital Economy Act 2010 (c. 24), ss. 22(4), 47(1)
Pt. 3 applied (with modifications) (14.2.2012) by The Local Digital Television Programme Services Order 2012 (S.I. 2012/292), arts. 1, 4, Sch. Pt. 2
Word in Pt. 3 Ch. 1 heading substituted (23.8.2024) by Media Act 2024 (c. 15), s. 55(3)(c), Sch. 4 para. 31; S.I. 2024/858, reg. 2(1)(x)
Pt. 3: amendment to earlier affecting provision S.I. 2012/292, Sch. Pt. 2 (12.7.2012) by The Broadcasting (Local Digital Television Programme Services and Independent Productions) (Amendment) Order 2012 (S.I. 2012/1842), art. 4
Pt. 3 modified (1.4.2025) by The Community Radio Order 2025 (S.I. 2025/160), arts. 1(2), 4, Sch. (with art. 8)