TNAG-1734-FCO40-2447-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 229

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These new sections state the principle that the

business of a television company is television and nothing else......

The intention is to

prevent the broadening

broadening of the interests of a

television company to such an extent that it

might become subject to extraneous pressures,

reducing its independence to the detriment of the

standards of its programmes. The underlying

principle is that within a television company there

interest!

these should be no conflict of

(Hanserd. January 1973)

It seems fair to say that the element of independence of a

Licensee company is the 'spirit' and real intention of the

Ordinance. The legislative proposals in the current Bill

are necessary because the existing sections of the

Television Ordinance have proved ineffective in achieving

the spirit or real intention of the legislation. A number

of the fundamental provisions in the Ordinance have been

circumvented by the setting up of holding companies of

which the licensees have become subsidiaries. Eleven

important provisions can be, and indeed some already have

been, circumvented by this means..

/Examples of such previstons