Nominees
not to hold relevant
interest
17B.
(1) A nominee shall not hold a
relevant interest in a voting share of a
licensee.
(2) Where for the time being a person
to whom a restriction in subsection (1)
applies has a relevant interest in voting
shares of a licensee, notwithstanding
anything contained in the articles of
association of the licensee or any provision
of the laws of Hong Kong apart from this
subsection, he shall, as regards the
licensee, not be qualified to exercise, or
cause to be exercised, in relation to any
question or matter arising at a general
meeting of the licensee, any voting rights
which the voting shares carry.
(3) Subsection (1) shall not be
construed as affecting the ability of a
person to transfer a relevant interest in a
voting share of a licensee pursuant to a
requirement of a notice under section 17G (7).
(of 1988)
(4) This section shall come into
operation on the expiration of the period of
6 months after the commencement of the
Television (Amendment) Ordinance 1988.