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BROADCASTING AMENDMENT ACT (No. 3) 1987 No. 184 of 1987 - SECT 28
Changes in memorandum or articles of association of licensee
28. Section 90K of the Principal Act is amended by omitting subsection (2) and
substituting the following subsections:
"(2) A purported change in the memorandum or articles of association of a
company holding a licence is, except for the purposes of determining whether
the company has breached the condition referred to in subsection (1), of no
effect unless the Tribunal approves the change.
"(2A) Where the Tribunal approves a change in the memorandum or articles of
association of a company under subsection (2), the change commences to have
effect on:
(a) the day on which the change would, but for this subsection, take
effect; or
(b) the day on which the Tribunal approves the change; whichever is the
later.".
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