Singapore legislation

Clause 23

of Media Development Authority of Singapore Bill

Clause 23

Consolidations

(1)

No regulated person shall be merged or consolidated with, or be taken over by —

(a)

any other regulated person; or

(b)

any other person (not being a regulated person) carrying on business in any media industry,without the prior written approval of the Authority.

(2)

For the purposes of subsection (1), the Authority may specify in a code of practice the circumstances under which a regulated person would be considered to be merged or consolidated with, or taken over by, any other person.