Where it appears to Ofcom1:
(1) that, whether as a result of the revocation of an existing regional Channel 3 licence2 or for any other reason, there will be, in the case of a particular area3, a temporary lack of any regional Channel 3 service licensed4 to be provided for that area5; but
(2) that it would be reasonably practicable for the holder of a licence6 to provide a regional Channel 3 service for any other such area also to provide his licensed service for the area referred to in head (1) above
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This Practice Note considers claims for damages for breach of statutory duty. For guidance on claims for damages for a negligent breach of duty of care outside a statutory duty, see Practice Notes:•Negligence—when does a duty of care arise?•Negligence—when is the duty of care breached?Breach of
You may apply simplified customer due diligence (SDD) measures in relation to particular business relationships or transactions which you determine present a low risk of money laundering or terrorist financing, having taken into account:•your organisation-wide risk assessment—see Practice Note:
This Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum net worth test•gearing ratio•leverage ratio (or debt to equity ratio)•current ratio (or acid test ratio)•cashflow ratio•interest cover ratio, and•loan to value ratioIt explains:
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