TNAG-1817-FCO40-2578-Broadcasting-in-Hong-Kong-1988 — Page 76

the Arbitration Ordinance, and for

the purposes of giving effect

the foregoing, the person by whom,

or on whose behalf, the

notification is given and the

Director of Accounting Services

shall be regarded as having

concluded an arbitration agreement

(within the meaning of that

Ordinance) whose provisions shall

be deemed to include a provision

that the aforesaid difference

shall, in the absence of

agreement, be determined by a

single arbitrator.

In the absence of agreement, the

Arbitration Ordinance shall, with

any necessary modifications, apply

to the determination of a

difference to which a notification

under subsection (9) relates.".

Powers of Financial Secretary in relation to royalty

20. Section 42 is amended

(a) by repealing subsection (1) and substituting

"(1)

For the purpose of determining