Statutory Instruments
2003 No. 3176
BROADCASTING
The Channel Four Television Corporation (Borrowing Limit) Order 2003
Made
4th December 2003
Laid before Parliament
8th December 2003
Coming into force
29th December 2003
The Secretary of State, in exercise of the powers conferred upon her by section 202 of the Communications Act 2003( 1 ), and after consulting the Channel Four Television Corporation, hereby, with the consent of the Treasury, makes the following Order:
Citation and commencement
1. This Order may be cited as the Channel Four Television Corporation (Borrowing Limit) Order 2003 and shall come into force on 29th December 2003.
Limit on borrowing
2. There shall be a limit on the borrowing that the Channel Four Television Corporation is allowed to undertake, and that limit is specified to be the sum of ยฃ200 million.
Tessa Jowell
Secretary of State for Culture, Media and Sport
2nd December 2003
We consent to this Order
Nick Ainger
John Heppell
Two of the Commissioners of Her Majestyโs Treasury
4th December 2003