TNAG-1817-FCO40-2578-Broadcasting-in-Hong-Kong-1988 — Page 124

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than $400 million but are not less

than $300 million, as regards

excess over $300 million), 15 per

cent of those amounts;

(v)

as regards the $90 million

of those amounts which is in

excess of $400 million (or in case

those amounts are less than $490

million but are not less than $400

million, as regards the excess

over $400 million), 20 per cent of

those amounts;

(vi) as regards those amounts

in so far as they exceed $490

million, 10 per cent of those

amounts:

Provided that the amount of

the royalty payable under this

section as regards any such

accounting year shall not exceed

an amount which is equal to 10 per

cent of such appropriate amounts

for that year.

(2)

The appropriate amount referred to