TNAG-1615-FCO40-2223-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1989 — Page 94

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lition of new section

15A.

4. The principal Ordinance is amended by

adding after section 15 the following

'Payment of annual

charges by

licence

holders.

15A.

Every licence holder shall

pay such annual charge as may be

prescribed.".

Amendment of section 16.

5. Section 16 of the principal Ordinance is

amended

-

(a)

in subsection (1), by inserting after

"apply" the following

"to the Authority";

(b) in subsection (3), by deleting "the

provisions of section 14(3)(b)" and

substituting the following

-

"section 14(3) and (4)"; and

(c) by deleting subsection (4) and substituting

the following

-

"(4) The Authority may renew or

refuse to renew a licence but, where

the Secretary has directed under

subsection (3) that section 14 (3)

shall apply, shall not do so earlier