XN000022-1990-10-31 — Page 66

64

WEDNESDAY, OCTOBER 31, 1990

MAJORITY

OWNERSHIP WOULD HAVE TO BE IN THE HANDS OF HONG

KONG

RESIDENTS.

LICENSEES WOULD ALSO NEED TO MAKE PAYMENTS TO THE GOVERNMENT CALCULATED ON A PERCENTAGE OF THAT PORTION OF THEIR REVENUE DEEMED BE DERIVED FROM HONG KONG.

ΤΟ

THE SPOKESMAN SAID THE EXECUTIVE COUNCIL ALSO AGREED THAT

LICENSEES PROSPECTIVE

SHOULD BE PERMITTED TO

UPLINK APPLY FOR INDEPENDENT

AND THAT OF HONG KONG TELECOM INTERNATIONAL FACILITIES

FOR EACH CASE WOULD BE CONSIDERED ON ITS MERITS. ANY LICENCES GRANTED SATELLITE UPLINKING WOULD BE UNDER THE TELECOMMUNICATION ORDINANCE.

WILL NOW BE HELD WITH PROSPECTIVE

DETAILED

LICENSEES.

IN

DISCUSSIONS

AND COUNCIL AS MUCH UP WITH

APPROVING THE LICENSING REGIMES FOR BOTH SMATV SYSTEMS SATELLITE TELEVISION UPLINKING FROM HONG KONG, THE EXECUTIVE HAD CONSIDERED THE DESIRABILITY OF HONG KONG PEOPLE HAVING ACCESS AS POSSIBLE TO INFORMATION AND OF HONG KONG KEEPING TECHNOLOGICAL DEVELOPMENTS.

THE COUNCIL HAD SOUGHT TO BALANCE THIS AGAINST THE DESIRABILITY MAINTAINING A CONSISTENT REGULATORY FRAMEWORK FOR BROADCASTING WHICH IS FAIR TO ALL PARTIES.

OF

NOTE TO EDITORS:

FOR FURTHER ENQUIRIES, PLEASE CALL THE INFORMATION UNIT OF THE RECREATION AND CULTURE BRANCH ON TEL. 574 7832 OR 573 5045.

FS TO VISIT SHANGHAI

SHANGHAI

THE FINANCIAL SECRETARY, SIR PIERS JACOBS, WILL VISIT FOR THREE DAYS FROM TOMORROW (THURSDAY) AT THE INVITATION OF THE MAYOR OF SHANGHAI, MR ZHU RONGJI.

HE WILL RETURN ON SUNDAY (NOVEMBER 4).

DURING HIS VISIT, SIR PIERS WILL MEET MR ZHU AND THE ADVISER ON FOREIGN AFFAIRS FOR THE SHANGHAI MUNICIPALITY, MR LI CHUWEN.

HE WILL ALSO HOLD DISCUSSIONS WITH REPRESENTATIVES OF THE FOREIGN INVESTMENT WORKING COMMITTEE, THE MUNICIPAL PLANNING COMMISSION, THE PUDONG DEVELOPMENT CORPORATION AND THE BRANCH OF THE BANK OF CHINA.

SHANGHAI

/BESIDES