Decision CRTC 2001-681
Ottawa, 9 November 2001
Mrs. Kathryn Coonce
Kaslo Cable Ltd.
P.O. Box 637
Kaslo, British Columbia
V0G 1M0
Dear Mrs. Coonce:
Re: Application No. 2001-1065-1 – Approved
Transfer of control – Kaslo Cable Ltd., licensee of cable
distribution undertaking serving Kaslo, British Columbia, requests
authority to transfer all the issued and outstanding shares of Kaslo Cable
Ltd. to Meco Holdings Ltd., a company jointly controlled by Mr. and Mrs.
Mellus and Mr. and Mrs. Coonce.
The Commission approves the above-noted application for authority to
effect a change in the control of Kaslo Cable Ltd. The change in control
is effected through the transfer of all the issued and outstanding shares
of Kaslo Cable Ltd. to Meco Holdings Ltd., a company jointly owned and
controlled by William and Linda Mellus, and Thomas and Kathryn Coonce.
The Commission notes that the share transfers occurred without its
prior approval. Consequently, the Commission reminds the licensee that
compliance with subsection 4 (4) of the Broadcasting Distribution
Regulations is required at all times. This subsection states that a
licensee must obtain prior approval of the Commission in respect of any
transaction that directly or indirectly would result in a change in the
effective control of its undertaking or a person owning more than 30 or 50
per cent of the voting interests of a licensee.
The Commission will modify its ownership records to reflect the
authorized ownership of Kaslo Cable Ltd. as shown in the attached
appendix. All letters of approval issued by the Commission are made
available for public examination at the Commission’s central office.
Consequently, the Commission also requires you to append this letter to
your licence.
Yours sincerely,
Ursula Menke
Secretary General
Att.
Appendix
Kaslo Cable Ltd.
|
Name |
Class |
# held |
Votes |
| |
|
|
|
|
Meco Holdings Ltd. |
common |
16 |
100% |
Meco Holdings Ltd.
|
Name |
Class |
# held |
Votes |
|
Thomas Coonce |
Class A |
100 |
25% |
|
Kathryn Coonce |
Class B |
100 |
25% |
|
William Mellus |
Class C |
100 |
25% |
|
Linda Mellus |
Class D |
100 |
25% |
Date Modified: 2001-11-09
|
