"wholly owned subsidiary" (HBA) means a company which
has no members other than the Corporation and its wholly owned
subsidiaries and its or their nominees.
3.
"Ordinarily resident"
For the purposes of this Ordinance a person shall be treated as
ordinarily resident in Hong Kong at any time if he has been present
in Hong Kong for not less than 180 days in the previous 12 months
and not less than 300 days in the previous 24 months.
Secretary to consult Secretary for the Treasury
4.
Before giving any approval, authority or consent under section
8 (2) (h), 15, 16(3), 24(3), 29 or 35 the Secretary shall consult the
Secretary for the Treasury.
PART II
THE CORPORATION
5.
Establishment of the Corporation
There is hereby established a corporation to be known as the
Radio Television Hong Kong Corporation which shall be a body
corporate with a common seal and power to sue and be sued.
6.
Objects of the Corporation
(1) The Corporation shall have the following objects
-
(b)
(a) to provide a sound broadcasting service in Hong Kong;
to provide and produce programmes for radio and
television including programmes designed for
broadcasting to educational institutions;