TNAG-0351-FCO40-387-Future-of-broadcasting-in-Hong-Kong-1972 — Page 41

Amendment of section 5.

3.

(Cap. 32.)

3

under the Companies Ordinance, the

majority of the voting shares of

which are beneficially owned by a

person or persons ordinarily resident

in Hong Kong in accordance with

paragraph (a);".

Section 5 of the principal Ordinance is amended

(a) in subsection (1)(c), by deleting "two" and

substituting the following

(b.)

"three"; and

in subsection (7), by deleting "three" and

substituting the following -

"four".

Amendment of section 6.

4.

Section 6 of the principal Ordinance is amended by

deleting paragraph (d) and substituting the following

(d) to submit to the Governor at least once during each

period of 18 months a report on the progress of

television broadcasting in Hong Kong, which report

shall be tabled before the Legislative Council.".

Repeal and replace-

ment of section 7.

5.

Section 7 of the principal Ordinance is repealed

and replaced by the following