The activities that C4C are able to carry on include any activities which appear to them—
to be activities that it is appropriate for them to carry on in association with the carrying out of their primary functions; and
to be connected, otherwise than merely in financial terms, with activities undertaken by them for the carrying out of those functions.
In subsection (1) "primary functions" means—
the performance of C4C's duties under section 198A;
securing the continued provision of Channel 4; and
the fulfilment of the public service remit for that Channel under section 265.
Section 24(5)(b) and (6) of the 1990 Act (power of C4C to establish, acquire an interest in or assist a qualifying company) shall cease to have effect.
For sub-paragraphs (3) and (4) of paragraph 1 of Schedule 3 to the 1990 Act (power of C4C to do things incidental or conducive to the carrying out of their functions) there shall be substituted—
Schedule 9 (which makes provision for the approval by OFCOM, and for the enforcement, of arrangements made by C4C about the carrying on of their activities) shall have effect.