Chapter I General Provisions
Article 1
This Act is drafted to address shares of terrestrial television enterprises held by government agencies, enterprises or institutions in which the government has invested, and legal persons established with government funding in consideration of the need to protect the professional independence of the media, ensure efficient use of spectrum used by terrestrial television, and create a healthy broadcasting culture.
Article 2
“Government stake” as defined in this act, indicates shares in terrestrial television enterprises held by the following organizations or legal persons:
1. Government agencies (Shares held as a result of tax deductions are exempt)
2. Enterprises or institutions in which the government has invested
3. Legal persons established with government funding.
“Government agencies” as defined in Paragraph 1 is defined as meaning those wholly invested in by the government.
Article 3
“Supervisory agency” as used in this Act indicates the Government Information Office.