360. Restrictions on newspaper proprietors holding Channel 3 licences.

A person1 is not to hold a licence to provide a Channel 3 service2 if: (1) he runs3 a national newspaper4 which for the time being has a national market share5 of 20 per cent or more; or (2) he runs national newspapers which for the time being together have a national market share of 20 per cent or more6.

For these purposes, where there is a licence to provide a Channel 3 service, the actual licence holder and every person connected with the actual licence holder will be treated as holding that licence7.

A person who is: (a) the proprietor