Cable Systems (General) (Amendment) (No. 4) Regulations, 2003

L.N. 232 of 2003

TELECOMMUNICATIONS (REGULATION) ACT

(CAP. 399)

Cable Systems (General) (Amendment) (No. 4) Regulations, 2003

IN exercise of the powers conferred upon him by article 38 of the

Telecommunications (Regulation) Act, the Minister for Transport and

Communications, after consultation with the Malta Communications

Authority, has made the following regulations>

(1) The title of these regulations is the Cable Systems

(General) (Amendment) (No. 4) Regulations, 2003 and shall be read

and construed as one with the Cable Systems (General) Regulations,

2001, hereinafter referred to as “the principal regulations”.

(2) These regulations shall be deemed to have come into

force on the 29th July, 2003.

For the English text of regulation 17 of the principal regulations

there shall be substituted the following>

“17. (1) Subject to international agreements concluded by

the Government applicable to the cable sector, a licence may not

be granted to a company in which more than fifty per cent of the

share capital or of the voting rights are held either directly or

indirectly by foreign nationals>

Provided that the provisions of this sub-regulation shall not

apply to a company that held a cable licence on the 1 st January,

1999 and to which the limitation on foreign participation mentioned

above did not already apply.

(2) The Regulator’s prior approval shall be necessary for

any changes to an operator’s shareholding structure.”.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press