15
CAP. 206
Newspaper and Printing Presses
2002 Ed.
(b) in the case of section 11(4), to cease to be a party to the
agreement or arrangement; or
(c) in the case of section 12(2), to cease to be —
(i) a 12% controller; or
(ii) an indirect controller,
as the case may be.
[10C
[20/2002]
Power to make further transitional provisions
14. The Minister may, by order published in the Gazette, make such
further transitional provisions as he considers necessary or expedient
for the purposes of section 11, 12 or 13.
[10D
[20/2002]
Objection to existing control of newspaper company
15.—(1) The Minister may serve a written notice of objection on
any person referred to in section 11 or 12 if the Minister is satisfied
that —
(a) any condition of approval imposed on the person under
section 13(2) has not been complied with;
(b) the person ceases to be a fit and proper person;
(c) having regard to the person’s likely influence, the newspaper
company is no longer likely to conduct its business prudently
or to comply with the provisions of this Act;
(d) it is no longer in the national interest to allow the person to
continue to be a party to the agreement or arrangement
described in section 11(3) or (4), or to continue to be a
substantial shareholder, a 12% controller or an indirect
controller, as the case may be;
(e) the person has furnished false or misleading information or
documents in connection with an application under
section 11 or 12; or
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