164. Additional payments to be made by holders of Channel 3 licences.

A Channel 3 licence1 must include conditions2 requiring the licence holder3 to pay to Ofcom4 (in addition to any other fees required to be so paid)5:

  1.  

    (1)     in respect of the first complete calendar year falling within the period for which the licence is in force6, the amount specified in his cash bid7;

  2.  

    (2)     in respect of each subsequent year falling wholly or partly within that period, the amount so specified as increased by the appropriate percentage8; and

  3.  

    (3)     in respect of each accounting period9 of his falling within the period referred to in head (1) above, an amount

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