3
The
a share should be "permanent residents of Hong Kong". absence of any nationality provision gives a green light
for foreign nationals to control
to control television companies in
Hong Kong.
5.
Since
the
Government
intends
to extend the
validity period of the renewed licence beyond 1997, the
abandonment of
of the nationality provision regarding the
control of a television company has an obvious implication
for the future Hong Kong SAR.
0183Z