19
CAP. 206
Newspaper and Printing Presses
2002 Ed.
(a) the contravention occurred as a result of an increase in the
shareholding as described in section 12(4)(a) of, or in the
voting power controlled by, any of his associates described in
section 12(4)(c)(i);
(b) he has no agreement or arrangement, whether oral or in
writing and whether express or implied, with that associate
with respect to the acquisition, holding or disposal of shares
or other interests in, or under which they act together in
exercising their voting power in relation to, the newspaper
company; and
(c) he has, within 14 days of the date of the contravention,
notified the Minister of the contravention and, within such
time as may be determined by the Minister, taken such action
in relation to his shareholding or control of the voting power
in the newspaper company as the Minister may direct.
[20/2002]
(5) Except as provided in subsections (3) and (4), it shall not be a
defence for a person charged with an offence in respect of a
contravention of section 11 or 12 to prove that he did not intend to or
did not knowingly contravene section 11 or 12, as the case may be.
[10G
[20/2002]
Power to obtain information
18.—(1) The Registrar may, by notice in writing, direct any
newspaper company to obtain from any of its shareholders and to
transmit to the Registrar information —
(a) as to whether that shareholder holds any share in the
newspaper company as beneficial owner or as trustee; and
(b) if the shareholder holds the share as trustee, to indicate, so far
as he can, the person for whom he holds the share (either by
name or by other particulars sufficient to enable that person
to be identified) and the nature of his interest,
and the newspaper company shall comply with that direction within
such time as may be specified in the notice.
[20/2002]
Informal Consolidation – version in force from 1/7/2015
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