7(1)This paragraph applies in relation to the first charging year under Schedule 4 (recovery of administrative charges incurred by OFCOM).U.K.
(2)OFCOM must prepare a statement of the principles that they are proposing to apply in fixing administrative charges under paragraph 1 of that Schedule for that year (and the charges must be fixed in accordance with those principles), but there is no requirement for the statement to be in force at the beginning of that year or at the time the charges are fixed.
(3)Sub-paragraph (2) has effect instead of paragraph 1(2) of that Schedule.
(4)Paragraph 3(5) of that Schedule has effect as if the reference to the statement of charging principles in force at the beginning of the charging year were a reference to the statement of charging principles relating to the charging year.