Amendment of section 14.
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(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) -
"(bb)if the licensee
(i) goes into compulsory liquidation or into
voluntary liquidation other than for the purpose
of amalgamation or reconstruction; or
(ii) makes any assignment to, or composition with,
its creditors; or".
Repeal and replacement of sections 18 and 19.
10.
Sections 18 and 19 of the principal Ordinance are
repealed and replaced by the following
"Transmission requirements.
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 satis-
faction of the Television Authority in all
parts of Hong Kong.
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