21 February 2019
ATV has been found to have failed to meet its financial obligations again. Photo: HKEJ
ATV has been found to have failed to meet its financial obligations again. Photo: HKEJ

ATV pressed to pay HK$416,000 in MPF contributions

The Mandatory Provident Fund Schemes Authority has filed a writ with District Court demanding that Asia Television Ltd. pay HK$416,000 (US$53,214) in employer’s MPF contributions for October last year.

ATV also faces a combined fine of HK$200,000 that the Communication Authority imposed on the TV station because it failed to pay fees for its free-to-air TV license and its fixed-carrier license, which expired at the end of last year.

The CA said it took a serious view regarding ATV’s contravention of the regulations, as payment of license fees was a fundamental duty of a licensee and this was already the third breach by ATV of the same provisions in a space of four years.

ATV is required to settle the outstanding license fees together with the interest incurred in two installments — by Feb. 18 and March 18 — and failure to do so may result in stiffer penalties, including invoking the license suspension procedure under the Broadcasting Ordinance.

An ATV representative said the company is preparing to pay the fine, the MPF contribution, and the salaries that should have been paid to some staff last month.

Meanwhile, Hong Kong Television Entertainment (HKTVE), the free-to-air television arm of PCCW Ltd. (00008.HK), was granted Tuesday a unified carrier license for 15 years.

It will be allowed to use the broadcast spectrum as an additional means of transmission. PCCW also operates cable TV provider Now TV.

The CA now requires HKTVE to invest HK$1.532 billion, instead of the HK$1.39 billion initially required, in the six years to 2021.

HKTVE will start a trial run by the end of March and begin using the broadcast spectrum relinquished by ATV, the license of which is being terminated, from April 2.

[Chinese version 中文版]

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