TNAG-1810-FCO40-2571-Hong-Kong-University-of-Science-and-Technology-University-o-1988 — Page 73

Particulars required as

regards

application to register

allotments, etc.

TELEVISION (AMENDMENT)

Ord. No. 72/88

A451

the Broadcasting Authority may serve on the licen- see or other person, as may be appropriate, a notice in writing requiring the person, within a period specified in accordance with the requirements in that regard in paragraph (a), to transfer or otherwise dispose of the shares.

(8) (a) Where a notice under subsection (7) is served on a person, the person may apply to the Broadcast- ing Authority for an extension, or a further exten- sion, of the period within which the requirements of the notice are to be complied with.

(b) Where an application is made under this subsection the Broadcasting Authority shall only grant an extension or further extension if it is satisfied that, having regard to the circumstances of the case, the application is reasonable.

(9) Where a notice under subsection (7) is served on a person, subject to subsection (8), the person shall comply with the requirements of the notice.

17H. (1) Where an application is made to register an allotment, issue or transfer of voting shares of a licensee, the following provisions shall apply—

(a) the person making the application shall deliver with the application a declaration signed by him or on his behalf or, in case the applicant is a company or other body corporate, signed by a director or similar officer of the body, stating whether or not all of the shares have been allotted, issued or transferred to a nominee, and in case those shares, or any of them, have been so allotted, issued or transferred, the declaration shall also declare the name of the person or persons entitled to the relevant interest in the shares so allotted, issued or transferred; and

(b) in case the person or persons to whom the shares. have been allotted, issued or transferred is an in- dividual or are individuals, the declaration shall also declare whether that person or each of those persons has been ordinarily resident in Hong Kong for at least one continuous period of not less than 7 years and whether he or each of them, as may be appro- priate, is or are ordinarily resident in Hong Kong on the date of the declaration; and

(c) in case the person making the application is a company or other body corporate, the aforesaid declaration shall state whether the body corporate is a company ordinarily resident in Hong Kong or, where appropriate, it is, by virtue of section 2(2), to be regarded as being a company so resident; and (d) where the shares have been transferred to a person who is by virtue of section 17D(3) to be regarded as having a relevant interest in voting shares of a