2002 Ed.
Newspaper and Printing Presses
CAP. 206
16
(f) he would not have granted his approval under section 13 had
he been aware, at that time, of the circumstances relevant to
the person’s application for such approval.
[20/2002]
(2) Before the service of a written notice of objection, the Minister
shall, unless he decides that it is not practicable or desirable to do so,
cause to be given to the person concerned notice in writing of his
intention to serve the written notice of objection, specifying a date by
which the person may make written representations with regard to the
proposed written notice of objection.
[20/2002]
(3) Upon receipt of the written representations of any person
referred to in subsection (2), the Minister shall consider the written
representations for the purpose of determining whether to issue a
written notice of objection.
[20/2002]
(4) The Minister shall, in any written notice of objection, specify a
reasonable period within which the person to be served the written
notice of objection shall —
(a) take such steps as are necessary to ensure that he ceases to be
a party to the agreement or arrangement described in
section 11(3) or (4), or ceases to be a substantial
shareholder, a 12% controller or an indirect controller, as
the case may be; or
(b) comply with such direction or restriction as the Minister may
make under section 16.
[20/2002]
(5) Any person served with a written notice of objection under this
section shall comply with the notice.
[10E
[20/2002]
Power to make directions
16.—(1) Without prejudice to section 17, if the Minister is satisfied
that any person has contravened section 11, 12, 13(4) or 15(5) or any
condition imposed under section 13(2), or if the Minister has served a
Informal Consolidation – version in force from 1/7/2015
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