It is the duty of Ofcom1 to draw up, and from time to time review, a statement setting out the principles to be followed in ascertaining2:
(1) the multiplex revenue3 for each accounting period of the person who is the multiplex provider4 in relation to a national radio multiplex service5; and
(2) the share of multiplex revenue attributable to a person in relation to any national radio multiplex service for the purposes of any provision of Part II of the Broadcasting Act 19966 (either for any accounting period of the holder of the national radio multiplex licence7 or for
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An ad hoc arbitration is any arbitration in which the parties have not selected an institution to administer the arbitration. This offers parties flexibility as to the conduct of the arbitration, but less external support for the process. It can be quicker than institutional arbitration but not if
Statutory declaration of solvencyA company enters voluntary liquidation when the members of the company vote to do so by a special resolution. For more information, see Practice Note: What is a members' voluntary liquidation (MVL) and where/when is it typically used?Before the members can vote on a
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