The regulatory regime for Channel 4 includes the conditions that OFCOM consider appropriate for securing in each year—
Before imposing a condition under this section, OFCOM must consult C4C.
The requirement to consult is satisfied, in the case of the imposition of a condition by way of a variation of a licence, by compliance with section 3(4)(b) of the 1990 Act (obligation to give opportunity to make representations about variation).
An amount of expenditure is not to be regarded by OFCOM as suitable for the purposes of a provision of this section if it constitutes less than a significant amount of the expenditure in question.
In this section—
"expenditure", in relation to a programme, means—
(a)expenditure which constitutes an investment in or is otherwise attributable to the making of the programme; or
(b)expenditure on the commissioning or other acquisition of the programme or on the acquisition of a right to include it in a service or to have it broadcast; and
"programme" does not include an advertisement.
See also sections 278B and 278C (which make further provision for the interpretation of this section etc).