 bill no 68 of 2015 the television broadcasting companies (regulation) bill, 2015 byshri prahlad singh patel, mp a billto regulate closing down of broadcasting channels by television broadcasting companies and for matters connected therewithbe it enacted by parliament in the sixty-sixth year of the republic of india as follows:—definition2 in this act, unless the context otherwise requires, "prescribed" means prescribed by rules made under this act3 no television broadcasting company shall close down the operation of its broadcasting channel except in accordance with provisions of this actguidelines for closing down the operation of broadcasting channels54 (1) the central government shall, within six months of the coming into force of this act, constitute a committee to be known as the regulatory committeeconstitution of regulatory committee(2) the committee shall consist of—(a) the secretary to the ministry of information and broadcasting —  chairperson,  ex-officio;10(b) an additional secretary to the ministry of  finance - member;(c) an additional secretary to the ministry of law and justice - member; (d) three persons representing the television broadcasting companies — member; and15(e) three persons representing the employees of television broadcasting channels - members5  (1) a television broadcasting company which intends to close down the operation of its broadcasting channel shall apply to the regulatory  committee in such form and manner as may be prescribed20application for closing down the operation of a broadcasting channel(2) the regulatory committee shall, before taking a decision on  closing down of a television broadcasting channel, give an opportunity of being heard to the employees of that channel(3) the regulatory committee shall give its decision within three  month of the receipt of an application made under sub-section (1)25act to have overriding effect6 the provisions of this act shall have effect notwithstanding anything  inconsistent therewith contained in any enactment other than this act or in  any instrument having effect by virtue of any law other than this actpower to make rules7  (1) the central government may, by notification in the official gazette, make rules for carrying out the purposes of this act3035(2) every rule made under this act shall be laid, as soon as may be after it is made, before each house of parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both houses agree in making any modification in the rule or both the houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule statement of objects and reasonsafter the liberalization, there was a boom in the country's media industries which led to launch of a number of channels by private limited or public limited companies this privatization opened up different set of problems including fall in advertising revenues and overcrowded market resulting in layoff and closure of channels there are ample number of examples where private channel operators shutdown their operations within a period of one year for various reasons therefore, prior permission must be obtained before stopping the broadcasting by properly presenting the case and obtaining necessary permission from the regulatory body without any harassment to employees and other persons working in the broadcasting channel this will also stop wastage of precious resourceshence this billnew delhi;prahlad singh patelfebruary 10, 2015 financial memorandumclause 4 of the bill provides for constitution of a regulatory committee the bill, therefore, if enacted, will involve expenditure from the consolidated fund of india for payment of travelling allowance/dearness allowance to the members it is estimated that an annual recurring expenditure of about rupees five hundred crore would be involved per annum from the consolidated fund of indiano non-recurring expenditure is likely to be involved memorandum regarding delegated legislationclause 7 of the bill empowers the central government to make rules for carrying out the purposes of the bill the rules will relate to matters of detail only and, as such, the delegation of legislative power is of a normal character———— a billto regulate closing down of broadcasting channels by television broadcasting companies and for matters connected therewith————(shri prahlad singh patel, mp)gmgipmrnd—4755ls(s3)—04-03-2015