ARCHIVED - Decision CRTC 2001-681

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.

Meco Holdings Ltd.

Date Modified: 2001-11-09