158. Ofcom's consideration of applications for Channel 3 licences.

158.     Ofcom's consideration of applications for Channel 3 licences.

Where a person has made an application for a Channel 3 licence1, Ofcom2 may not proceed to consider whether to award him the licence on the basis of his cash bid3 unless it appears to Ofcom4:

  1.  

    (1)     that his proposed service would comply with the regulatory requirements that have to be imposed under the Communications Act 20035; and

  2.  

    (2)     that he would be able to maintain that service throughout the period for which the licence would be in force6