120. The BBC's Charter and the Framework Agreement.

The British Broadcasting Corporation (commonly known as the 'BBC')1 was established by Royal Charter2, and its existence as a corporation has been continued by the granting of successive Charters which have all been time-bounded3.

In addition to the Charter, an agreement has been concluded between the BBC and the Secretary of State which is a Framework Agreement made for BBC Charter purposes4, complementing the provisions of the Charter5 and conferring6 certain regulatory functions and related powers and duties on Ofcom in relation to the BBC7.

The BBC must strictly and faithfully comply with the Charter and the Framework Agreement in force8

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