Repeal and replacement of section 13.
Statement
of effect of sections 10. 11 and 11A to be made
in pro spectus, (Cap. 13.)
8.
tion services as may be authorized by the Telecommunications Authority; and
(ii) sell or otherwise dispose of all of the voting shares of any such company, corpora- tion or firm which, on the date of first renewal of its licence, it may own in excess of 49 per cent of the voting shares of such company, corporation or firm; and
(c) the licensee shall, except as otherwise pro- vided by this section or 80 far as may be specified by the Governor in Council on the first renewal of its licence, comply at all times with section 11.
11B. A licensee shall ensure that a clear state- ment of the effect of sections 10, 11 and 11A is made in any prospectus within the meaning of the Com- panies Ordinance which may be issued at any time in respect of the company.”.
Section 13 of the principal Ordinance is repealed and replaced by the following-
"Renewal of licence.
13. (1) Not less than 12 months before the date of renewal of a licence the Board shall submit recom- mendations to the Governor in Council concerning the renewal of the licence and the terms and condi- tions subject to which it may be renewed.
(2) Having considered the recommendations sub- mitted under subsection (1), the Governor in Council may-
(d) renew a licence subject to such terms and
conditions as he may specify; or
(b) renew a licence by means of granting a new licence in substitution therefor, and in doing
so, may-
(i) impose such terms and conditions as
he may specify; and
(ii) direct that the period of validity of the new licence shall date from the date on which the existing licence was granted.",
9. Section 14 of the principal Ordinance is amended in subsection (3) by inserting the following after paragraph (b)
"(66) if the licensee-
(i) goes into compulsory liquidation or into voluntary liquidation other than for the purpose of amalgamation or reconstruction; or
(i) makes any assignment to, or composition with, its creditors; or".
10. Sections 18 and 19 of the principal Ordinance are re- pealed and replaced by the following--
"Transmis- Bion re- quirements.
Directions in respect of transmix- sion re quirements.
18. (1) A licensee shall, within such time as may be specified in its licence, broadcast in such a manner as to enable its transmissions to be received to the satisfaction of the Television Authority in all parts of Hong Kong.
(2) Notwithstanding subsection (1), the Televi- sion Authority, on the advice of the Board may, on the application of a licensee, exempt the licensee from complying with subsection (1) in respect of broadcasts to any specified area of Hong Kong during any period specified by the Television Authority,
(3) A licensee shall publish, in such manner as the Television Authority may direct, notification of the commencement dates for broadcasting its pro- granimes and the areas of Hong Kong within which its transmissions may be received satisfactorily.
(4) A licensee shall transmit its programmes on such frequencies as may be allocated to it in writing by the Telecommunications Authority, such fre- quencies being within Band IV, comprising 470 to 582 megahertz per second, and Band V. comprising 606 to 782 megahertz per second.
19. (1) Without prejudice to section 18, the Television Authority may direct any licensee to sub- mit to him in writing within such time as he may specify its proposals to enable its broadcasts to be received satisfactorily in any area of Hong Kong specified by the Television Authority,
(2) After consideration of any proposals sub- mitted to him under subsection (1), the Television Authority may direct any licensee to ensure that its broadcasts are capable of being received to his satis-
Amendment of section 14.
Repeal and replacement of sections 18 and 19.
No comments yet.
Private notes are available after approval.