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24.(1) The Council shall grant the licence, to issue any newspaper, in
accordance with the following conditions :(a) the issue of newspapers, press publication or the information
industry, shall be among the basic objects of the press
institution;
(b) the press institution shall deposit such amount of money, as
the Council may specify, in accordance with the regulations, in
an independent bank account, to be specified by the Council, in
the Press Work ( Promotion) Regulations, together with
undertaking not to spend, from the deposited amount,
otherwise than for the purposes of issue; and the Council may,
by a decision thereof, raise the minimum limit of depositing,
whenever the circumstances, or the public interest requires the
same;
(c) the press institution shall contract with a sufficient number of
journalists,
possessed
of
competence
and
experience;
provided that the number and qualification for the force shall
not be less than satisfaction of the minimum limits, set out in
the Press Work (Promotion) Regulations;
(d) the press institution shall have quarters, for practice of the
press activity, and the regulations shall specify the conditions
and specifications of the same;
(e) the press institution shall have an approved information centre,
and
the regulations shall
specify the conditions and
specifications of the same;
(f) the newspaper, or press institution shall abide by such
specialization, as may have been approved therefor .
Chapter IV
Conditions of Work in the Press Profession