TNAG-1819-FCO40-2580-Public-opinion-in-Hong-Kong-Commissioner-for-Administrative--1988 — Page 80

A462

Ord. No. 72/88

(Cap. 341)

TELEVISION (AMENDMENT)

due and payable as if the amount were one which the licensee was liable to pay for the quarter during which the period of 14 days from the date of the giving of the notice under subsection (7) expired or during which the difference was determined by agreement or arbitration, or where those quarters are different, whichever of them is the later.

(9) (a) Where a notification under subsection (8) is given, the difference to which the notification relates shall be determined by arbitration under the Arbitration Ordinance, and for the purposes of giving effect to 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 agree- ment, be determined by a single arbitrator.

(b) In the absence of agreement, the Arbitration Ordi- nance shall, with any necessary modifications, apply to the determination of a difference to which a notification under subsection (8) relates.

(10) Each of the following periods shall, for the purposes of this section, be regarded as being an accounting year of a licensee

(a) in case the accounting year of a licensee begins on a day other than the specified day, the period begin- ning on the specified day and ending on the expira- tion of the licensee's accounting year in which the specified day occurs;

(b) in case a licence commences to have effect on a day other than the first day of an accounting year of the relevant licensee, the period beginning on such com- mencement and ending on the expiration of the licensee's accounting year in which the commence- ment occurs; and

(c) in case a licence is surrendered or revoked and the surrender or revocation has effect on a day other than the first day of an accounting year of the licensee, the period beginning on the commence- ment of the licensee's accounting year in which the surrender or revocation, as may be appropriate, has effect and ending immediately before that surrender or revocation, as may be appropriate, has effect.

(11) In subsection (10)(a) “the specified day" means the day specified for the purposes of that subsection by the Governor by notice in the Gazette.".