THURSDAY, NOVEMBER 14, 1991
BA TO REGULATE NON-TECHNICAL ASPECTS OF HUTCHVISION'S LICENCE
THE BROADCASTING AUTHORITY (AMENDMENT) BILL, WHICH SEEKS ΤΟ PROVIDE THE STATUTORY POWER FOR THE BROADCASTING AUTHORITY (BA) то REGULATE THE NON-TECHNICAL ASPECTS OF HUTCHVISION'S LICENCE, WAS APPROVED BY THE EXECUTIVE COUNCIL ON TUESDAY (NOVEMBER 12).
"UNDER THE EXISTING LEGISLATION,
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THE BA DOES NOT HAVE THE AND SATELLITE RADIO CULTURE BRANCH SAID
POWER TO REGULATE DIRECTLY SATELLITE TELEVISION SERVICES, A SPOKESMAN FOR THE RECREATION AND TODAY (THURSDAY).
HE SAID THE SOLE AUTHORITY FOR THE HUTCHVISION'S LICENCE HAS BEEN THE TELECOMMUNICATION AUTHORITY (TA). WHO IN RESPECT OF THE NON-TECHNICAL ASPECT, IS OBLIGED TO CONSULT THE BA.
"THIS IS NOT IN LINE WITH THE EXISTING ARRANGEMENT FOR THE REGULATION OF SOUND BROADCASTING AND OFF-AIR TELEVISION BROADCASTING, UNDER WHICH THE BA AND THE TA ARE THE AUTHORITY FOR NON-TECHNICAL ASPECTS AND TECHNICAL ASPECTS RESPECTIVELY UNDER THE BROADCASTING LICENCES," HE SAID.
SUBJECT TO THE ENACTMENT OF THE BILL, HUTCHVISION'S LICENCE WILL BE AMENDED ACCORDINGLY TO REFLECT THE
NEW REGULATORY POWER OF. THE BA IN THE TERMS OF THE LICENCES, THE SPOKESMAN ADDED.
THE BILL WILL BE GAZETTED TOMORROW (FRIDAY) AND 18 INTRODUCED INTO THE LEGISLATIVE COUNCIL ON NOVEMBER 27.
DUE ΤΟ BE
BILLS RELATED TO SECURITIES AND COMMODITIES TRADING TO BE INTRODUCED
THE GOVERNOR IN COUNCIL HAS APPROVED THE INTRODUCTION INTO THE LEGISLATIVE COUNCIL BILLS ΤΟ FACILITATE THE REPORTING OF FRAUD DETECTED BY AUDITORS AND TO REVOKE THE LICENCES OF DEALERS WHO HAVE NEVER TRADED.
THE SECURITIES AND FUTURES COMMISSION (AMENDMENT) (NO. 1991, THE COMMODITIES TRADING (AMENDMENT) (NO. 2) BILL 1991, AND THE SECURITIES (AMENDMENT) (NO. 3) BILL 1991 WILL BE GAZETTED ON NOVEMBER 22.
2)
BILL
SPOKESMAN LIMITED
EXPLAINING THE BACKGROUND TO THE BILLS, A GOVERNMENT SAID THE SCOPE FOR REPORTING BY AUDITORS WAS AT PRESENT VERY AND DID NOT COVER, FOR INSTANCE, CIRCUMSTANCES WHERE THEY DETECTED FRAUD OR ILLEGAL DEALINGS.
/"WE BELIEVE