2
3.
The frequency spectrum is a public resource
Television is a powerful broadcasting media which in
emergencies can disseminate information very quickly.
Therefore, most countries require that the control of
their television companies must be in the hands of their
nationals. Countries like Britain, the USA, Australia and
New Zealand all regard nationality as a condition for the
acquisition of control of television companies. The
Australian newspaper tycoon Murdock had to become an
American national before he could acquire a controlling
share of the American Broadcasting Company.
4.
and
In the past, the Television Ordinance
licensing conditions in Hong Kong also had nationality
requirements. The original
persons.
It can,
Television Ordinance and
two
licensing conditions all along provided that 60% of the
shares of the television company had to be held by
"British nationals ordinarily resident in Hong Kong" and
that the majority of the Directors had also to be such
therefore, be
are seen that there
requirements: nationality and ordinary residence in Hong
Kong. It has always been the case that the Directors and
those holding the majority of shares of television
companies should be British passport holders; holders of
Certificates of Identity do not have such rights.
the only condition for acquiring a controlling
share in the new provisions is that persons acquiring such
However,
No comments yet.
Private notes are available after approval.