Myanmar: Broadcasting Law (a) (b) (c) (d) (e) operational and financial information including market information, shareholders, dividend information, financial conditions, results of operation; control and compensation information for board of directors and executive officials; corporate governance; exhibits and schedules or annexes; other information which may be required by the Council as contained in pertinent orders. Community Broadcasting Services 55. A community broadcasting institution shall operate based on the following criteria: (a) the organization is neither for profit nor part of an organization which is working for profit; (b) the overall objective is to provide the distinct information, education and entertainment needs of a specific geographic community; (c) the organization can demonstrate a sufficient link to the community to satisfy the Council that warrants receiving a community broadcasting licence. 56. The Council is mandated to allot at least 20 percent of frequency/spectrum available for community broadcast service. 57. The Council shall come up with distinct simple licensing policies and procedures applicable only to community broadcast service to encourage the setting up of such services and to support their development. 58. Community broadcasting institutions are funded by: (a) voluntary contributions by community members; (b) donations by local and foreign partners provided that such support are provided without political and economic conditions; (c) revenues from local advertisements ; (d) proceeds from local merchandising, (e) other revenues which are consistent with their status as community broadcasters. 59. At the end of each fiscal year, community broadcasting institutions shall submit to the Council a financial report. 60. Community broadcasting institutions shall convene a meeting at least annually for members of the community, where the broadcaster presents activity and financial reports, and where members of the community can discuss how the policies and programmes of the station can better serve the community, along with any other issues and concerns and how these can be addressed. Government Broadcasting Services 61. Government broadcasting institutions are funded by: (a) Union budget or state/Division budget; (b) revenue from advertisements; (c) proceeds from product merchandising; 62. All government broadcasting institutions shall submit an annual report and financial report to the Council. The annual report shall contain information on areas identified in section 54. Broadcast Distribution Services 63. (a) Compliance with program standards set by the Council for contents produced by primary broadcasters and distributed by broadcast distribution services shall ARTICLE 19 – Free Word Centre, 60 Farringdon Rd, London EC1R 3GA – www.article19.org – +44 20 7324 2500 Page 25 of 30