3319
Annex A
REGULATORY
FRAMEWORK FOR SATELLITE TELEVISION UPLINKING AS
APPROVED BY THE EXECUTIVE COUNCIL ON 30 OCTOBER 1990
The key requirements are recapped below:-
(a) Structure and Nationality of the Licensee
Since uplink companies are expected to serve
an audience wider than Hong Kong, a more
lenient attitude has been taken in that the
Licensee is permitted to
(i) have foreign shareholdings greater than
10% So long as aggregate foreign ownership does not exceed 49%; and
(ii) employ principal officers who do not
fulfil the residence requirements.
The
to
In
other provisions that apply
terrestrial broadcasters shall remain.
other words, the Licensee should be a company
incorporated and registered in Hong Kong with
majority of its ownership in the hands of
Hong Kong residents. The Licensee must not be a subsidiary of any other company.
the
(b) Programming and Target Audience
In view of the same basic principle that satellite television programmes should not be
targeted principally at a Hong Kong audience,
the significant impact to the revenue of
terrestrial broadcasters that uplinking in Cantonese may bring, the Licensee is not
and