TNAG-2763-FCO40-3980-Hong-Kong-licensing-framework-for-satellite-television-broad-1993 — Page 38

Condition in the Hutchvision Licence

(2)

Licensee's

advertising

revenues

should not

rely

principally

on HK's local

advertising

market.

Reasons for

inclusion in the Hutchvision Licence

to avoid jeopardizing

the viability of the

terrestrial

broadcasters.

- 9

Proposed approach in the revamped regime

condition to be

retained

Justification for

the proposed approach

to avoid a significant impact on the revenue of

terrestrial broadcasters

and to ensure that the

broadcaster is regional

as intended by this

licensing regime