TNAG-1078-FCO40-1328-Policy-of-the-Hong-Kong-Government-on-television-services-1981 — Page 35

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records and books of account of RTV and

HTL.

(b) RTV and HTL shall in good faith consult

with a person nominated by CC with regard to:-

(1) the disposal or acquisition of any assets where such disposal or

acquisition is material in the context of their respective

businesses;

(2)

forward sales of advertising time

on T.V. channels;

(3)

the acquisition of programmes and

alterations to programme

schedules.

4. (A)

(A) The obligations of CC shall be conditional on the following steps being taken prior to

settlement:

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(a) Subject always to the provisions of

Clause 6 hereof (which provides for a subordinated loan of Hong Kong $70 million by RHK to RTV), Rediffusion and/or RHK assuming responsibility for the whole of the amount at the date of settlement of the following liabilities

of RTV:

(1) all amounts due by RTV to RHK or any related company thereof including any amount being rent due and payable by RTV in respect of any period prior to the date of settlement (identified as about

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