HC Deb 09 May 1990 vol 172 c297

Amendments made: No. 492, in page 22, line 32, leave out 'determine' and insert 'estimate'.

No. 493, in line 33, at end insert— `and the Commission may, on one or more occasions, revise any estimate made by them under this subsection.'.

No. 494, in line 36, leave out from first 'the' to 'and' in line 37 and insert— 'total television revenues for that year;'.

No. 495, in page 23, line 1, leave out from 'If' to `by' in line 4 and insert— ', in the case of any year, the aggregate of the following amounts, namely—

  1. (a) the amount of the Corporation's qualifying revenue for that year as estimated by the Commission under subsection (1), and
  2. (b) any amount which, at the beginning of that year, is for the time being standing to the credit of any such reserve fund as is mentioned in section 25(3),
is less than the amount of the Corporation's prescribed minimum income for that year as estimated by the Commission under subsection (1), the Commission may (subject to subsection (4)) determine that the amount of the difference shall be raised'.

No. 496, in line 15, leave out 'Corporation' and insert `Commission'.

No. 497, in line 18, leave out from 'Commission' to `to' in line 19.

No. 498, in line 21, leave out 'the revised estimate' and insert— `any revised estimate made by them under subsection (1)'.

No. 499, in line 23, at end insert— `(5A) Any amount received by the Commission by virtue of subsection (5)(a) shall be transmitted by them to the Corporation.

(5B) Where, in respect of any year—

  1. (a) the Commission have imposed a levy under subsection (3), and
  2. (b) the aggregate amount transmitted by them to the Corporation under subsection (5A) exceeds the relevant amount,
the Commission shall notify the Corporation of that fact; and the Corporation shall, as soon as reasonably practicable after receiving such a notification, repay to the Commission the amount of that excess. (5C) In subsection (5B) "the relevant amount" means the amount by which the aggregate of the following amounts, namely—
  1. (a) the Corporation's qualifying revenue for the year in question, and
  2. (b) any such amount as is mentioned in subsection (3)(b),
 is less than the Corporation's prescribed minimum income for that year.'.—[Mr. Mellor.]

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