2002 Ed.
Newspaper and Printing Presses
20
CAP. 206
(2) The Registrar may, by notice in writing, require any shareholder
of a newspaper company, or any person who appears from the
information provided to the Registrar under subsection (1) or this
subsection to have an interest in any share in a newspaper company, to
inform the Registrar —
(a) whether he holds that interest as beneficial owner or as
trustee, and if he holds the interest as trustee, to indicate, so
far as he can, the person for whom he holds the interest
(either by name or by other particulars sufficient to enable
that person to be identified) and the nature of his interest; or
(b) whether any share or any voting right attached to the share is
the subject of an agreement or arrangement described in
section 11(3) or (4) or 12(4)(c)(ix), and if so, to give
particulars of the agreement or arrangement and the parties to
it,
and the person shall comply with that notice within such time as may
be specified in the notice.
[20/2002]
(3) Any person who —
(a) fails to comply with a notice under this section; or
(b) in purported compliance of the notice, knowingly or
recklessly makes a statement which is false in a material
particular,
shall be guilty of an offence and shall be liable on conviction to a fine
not exceeding $50,000 or to imprisonment for a term not exceeding 3
years or to both and, in the case of a continuing offence, to a further
fine not exceeding $5,000 for every day or part thereof during which
the offence continues after conviction.
[10H
[20/2002]
Funds from foreign source for the purposes of a newspaper
other than commercial purposes prohibited
19.—(1) Subject to this section, no person shall, on or after the grant
or renewal of a permit under section 21, receive on behalf or for the
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