TNAG-2763-FCO40-3980-Hong-Kong-licensing-framework-for-satellite-television-broad-1993 — Page 26

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

3319

Annex A

REGULATORY

FRAMEWORK FOR SATELLITE TELEVISION UPLINKING AS

APPROVED BY THE EXECUTIVE COUNCIL ON 30 OCTOBER 1990

The key requirements are recapped below:-

(a) Structure and Nationality of the Licensee

Since uplink companies are expected to serve

an audience wider than Hong Kong, a more

lenient attitude has been taken in that the

Licensee is permitted to

(i) have foreign shareholdings greater than

10% So long as aggregate foreign ownership does not exceed 49%; and

(ii) employ principal officers who do not

fulfil the residence requirements.

The

to

In

other provisions that apply

terrestrial broadcasters shall remain.

other words, the Licensee should be a company

incorporated and registered in Hong Kong with

majority of its ownership in the hands of

Hong Kong residents. The Licensee must not be a subsidiary of any other company.

the

(b) Programming and Target Audience

In view of the same basic principle that satellite television programmes should not be

targeted principally at a Hong Kong audience,

the significant impact to the revenue of

terrestrial broadcasters that uplinking in Cantonese may bring, the Licensee is not

and

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