TNAG-1817-FCO40-2578-Broadcasting-in-Hong-Kong-1988 — Page 62

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transferee or such person is a company

or other body corporate, whether or ot

the body is a company ordinarily

resident in Hong Kong;

(iii) if the individual was not so

resident or if the company or other

body is not ordinarily resident in Hong

Kong, whether or not, the transferee or

the person to whom the shares are to be

allotted or issued, taking the

transfer, allotment or issue into

account, has a relevant interest in 2

per cent or more of the voting shares

of the company and where the transferee

or such person has a relevant interest

in that percentage or more, also

stating the number and percentage of

such shares in which he has such

interest;".

Special conditions of licence

7.

Section 11 is amended

<

(a) in subsection (1) by repealing paragraph (c) and

substituting

" (c) shall refuse to register the transfer

of any voting shares of the licensee if