1
2.
3.
is The frequency spectrum
Television
is
emergencies
a public resource
which powerful broadcasting media a
information disseminate can
•
in
very quickly.
Therefore,
the control
of
-
countries require that most
their television companies must be in the hands of their nationals. Countries like Britain, the USA, Australia and
New Zealand all regard nationality as
acquisition
a condition for the
of
control
of
tycoon
television
Murdock
companies.
The
had to
become an
Australian newspaper
American national before he could acquire a controlling
share of the American Broadcasting Company.
4.
In the
past,
the
Television
Ordinance
and
licensing conditions in Hong Kong also had nationality
requirements.
The
original
Television Ordinance and
of
company
had
to
be
licensing conditions all along provided that 60% of the
shares
held by the television
"British nationals ordinarily resident in Hong Kong" and that the majority of the Directors had also to be such
be
persons.
It
can, therefore,
seen that there
are
two
requirements: nationality and ordinary residence in Hong Kong. It has always been the case that the Directors and
those
of shares of television
holding
the majority
companies should be British passport holders; holders of
Certificates
However,
of Identity
do not have such rights.
the only condition for acquiring a controlling
share in the new provisions is that persons acquiring such
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