Broadcasting Act 2009

108.

Transactions between public service and commercial opportunities.

108.— (1) The commercial activities undertaken by a corporation in pursuance of its exploitation of commercial opportunities object shall—

( a) be operated in an efficient manner so as to maximise revenues, and

( b) be used to subsidise its public service objects.

(2) All transactions or arrangements entered into by a corporation as between the activities arising from—

( a) its public service objects, and

( b) its exploitation of commercial opportunities object,

shall be made at arm’s length and on commercial terms.

(3) On the direction of the Minister, the Compliance Committee shall prepare and submit to the Minister a report on compliance by the corporation with the requirements of subsection (2) .