Cable Radio and Television Act Article 10

The government, political parties, and foundations established with their endowments, and those commissioned by them, may not directly or indirectly invest in privately system operator. Existing situations for the government, political parties, and foundations established with their endowments, and those commissioned by them, that do not meet the provisions of the preceding paragraph prior to the implementation of the revision of this Act, shall be corrected within two years of the implementation of the revision of this Act.Political party workers, political appointees, and elected public officials may not invest in system operators. Total shareholdings by their spouses, relatives by blood within the second degree of relationship, and lineal relatives by marriage, may not hold more than 1 percent of the issued shares of the said business. System operators that have existing situations that do not meet these provisions prior to the implementation of the revision of this Act shall have them corrected within two years of the implementation of the revision of this Act.The government, political parties, political party workers, and elected public officials may not be promoters, directors, supervisors, or managerial officers of system operator. For those who already hold these positions prior to the implementation of the revision of this Act, the system operator shall relieve them of their duties within six months of the implementation of the revision of this Act.The scope of political party workers, political appointees, and elected public officials mentioned in the preceding two paragraphs shall be defined in the Enforcement Rules of this Act.