The objects of this Bill are to
 (a) continue the existence of the Independent Broadcasting Authority and re-define its functions; 
(b) reconstitute the Board of the Independent Broadcasting Authority and re-define its functions; 
(c) regulate the broadcasting industry in the Republic; 
(d) provide for pluralism and diversity in the broadcasting industry;
 (e) repeal and replace the Independent Broadcasting Authority Act, Cap. 171; and 
(f) provide for matters connected with, or incidental to, the foregoing.