Telecommunications Ordinance Part 3A 3A-18 Section 13H Cap. 106 (b) in respect of which a disqualified person exercises control; or (c) that is a disqualified person and in respect of which a disqualified person exercises control, and the licence may contain such conditions relating to the disqualified person and to the control exercised by him as the Governor in Council may impose under section 13C. 13H. Increase of control by disqualified persons (1) Subject to subsection (2), no disqualified person who exercises control of a corporation that is a licensee shall augment the basis of such control— (a) by augmenting the percentage of voting shares in the corporation which he holds as the beneficial owner thereof; or (b) by a change of the office held by him in the corporation. 13I. (2) On the application of a licensee that is a corporation the Governor in Council may, if he is satisfied that the public interest so requires, permit— (a) the licensee to augment the basis of the control of the corporation exercised by a disqualified person; or (b) the licensee to enable a disqualified person to exercise control of the corporation. Unqualified persons (1) The aggregate of the voting shares in a licensee to or in which unqualified persons have, directly or indirectly, any right, title or interest, shall not at any time exceed 49% of the total number of voting shares in the licensee. (2) Subsection (1) applies to voting shares in a licensee where the voting rights carried by such shares are for the time Last updated date 20.4.2018

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