TNAG-1817-FCO40-2578-Broadcasting-in-Hong-Kong-1988 — Page 15

Nominees

not to hold relevant

interest

17B.

(1) A nominee shall not hold a

relevant interest in a voting share of a

licensee.

(2) Where for the time being a person

to whom a restriction in subsection (1)

applies has a relevant interest in voting

shares of a licensee, notwithstanding

anything contained in the articles of

association of the licensee or any provision

of the laws of Hong Kong apart from this

subsection, he shall, as regards the

licensee, not be qualified to exercise, or

cause to be exercised, in relation to any

question or matter arising at a general

meeting of the licensee, any voting rights

which the voting shares carry.

(3) Subsection (1) shall not be

construed as affecting the ability of a

person to transfer a relevant interest in a

voting share of a licensee pursuant to a

requirement of a notice under section 17G (7).

(of 1988)

(4) This section shall come into

operation on the expiration of the period of

6 months after the commencement of the

Television (Amendment) Ordinance 1988.