s 32 Application of this Part to broadcasting company
32.—(1) This Part applies to every broadcasting company unless exempted by the Minister under section 60(b). (2) In this Part —“broadcasting company” means a company incorporated or registered under the Companies Act 1967 which holds a relevant licence, or a broadcasting holding company; “broadcasting holding company” means a holding company of a company incorporated or registered under the Companies Act 1967 which holds a relevant licence; “holding company” has the meaning given by section 5 of the Companies Act 1967; “relevant licence” means —(a) any free-to-air licence; or (b) any broadcasting licence under which a subscription broadcasting service may be provided, which permits broadcast which is capable of being received in 50,000 dwelling-houses or more, but does not include any class licence; or (c) any other broadcasting licence that the Minister may specify in the public interest or in the interests of public security or order, or national defence;[S 26/2022 wef 13/01/2022] “sub-fund”, “umbrella VCC” and “VCC” have the meanings given by section 2(1) of the VCC Act;[S 26/2022 wef 13/01/2022] “VCC Act” means the Variable Capital Companies Act 2018.[S 26/2022 wef 13/01/2022]