If Ofcom1 is satisfied that the holder of an additional services licence2 has failed to comply with any condition of the licence or with any direction given by Ofcom under or by virtue of any provision in Part I of the Broadcasting Act 19903, it may serve on him a notice requiring him to pay, within a specified period, a specified financial penalty to Ofcom4. The amount of a financial penalty so imposed5 must not exceed 5 per cent of the qualifying revenue for the licence holder's last complete accounting period falling within the period for which his licence
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Practical completion marks the end of the construction period of a project, when the works are 'finished' and the employer can occupy and/or use them. Practical completion also typically marks the start of the defects liability period/maintenance period.As explained below, practical completion is an
When is quantum meruit and quantum valebat relevant?Claims in quantum meruit (value of services) and quantum valebat (value of goods) arise in diverse situations ranging from where contractual terms are silent on issues of payment to where there is no contract at all (Serck v Drake & Scull).General
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