TNAG-2763-FCO40-3980-Hong-Kong-licensing-framework-for-satellite-television-broad-1993 — Page 30

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Proposed Regulatory Framework for Satellite Television Broadcasting from Hong Kong

Annex B

Condition in

the Hutchvision

Licence

in the Hutchvision

Licence

Reasons for inclusion

Proposed approach

in the revamped

regime

(A) Structure &

Nationality

of Licensee

Justification for the

proposed approach

(1)

Max 49%

to prevent foreigners

foreign

exercising control of

condition to be

removed

(i)

There is no reason

to impose the

shareholdings

the station

restriction on

regional

broadcasters.

(ii) The restriction has

proved to be

unacceptable to international

broadcasters who

will likely respond by uplinking from

elsewhere.

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