TNAG-2763-FCO40-3980-Hong-Kong-licensing-framework-for-satellite-television-broad-1993 — Page 33

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

Condition in

the Hutchvision Licence

Reasons for

inclusion in the Hutchvision Licence

Proposed approach in the revamped regime

Justification for the proposed approach

(ii) The restriction is

not considered

meaningful and has

been removed from

the licensing

framework for

subscription

television in

accordance with

ExCo decision of

30.6.92.

(iii) The reason for

prohibiting

subsidiaries (i.e.

to control

anti-avoidance)

would be removed if

foreign ownership

restrictions are

relaxed.

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