TNAG-1817-FCO40-2578-Broadcasting-in-Hong-Kong-1988 — Page 83

(c)

of a particular licensee in addition, whatever

-

be the size (in excess of 10%) of his holding,

his voting rights will be limited to those which

10% of the voting shares carry

-

clause 13

(section 17D) (there is no analogous provision

currently in force);

a royalty on a sliding scale, with an overall

limit, will be payable by licensees on the fees and

other charges due to them as regards advertising on

their television services and certain licences and

permissions issued or given by them clause 19 (at

present a royalty of 25% is payable on the net

profit of such companies); and

(d) the Governor in Council will be empowered to

require a licensee to link his telecommunications

installation to another such installation (not

being another licensee's such installation) and

to permit certain signals to be transmitted by

means of his telecommunications installation or

supply certain signals for transmission by means

of another's (not being a licensee's)

telecommunications installation clause 15.

This is known in the television industry as a

"must carry" provision.

The provisions of the Bill are dealt with seriatim below.

2. Clause 1 provides a short title and also for

commencement of certain provisions.

3. Clause 2 provides a new definition ("licensee's