If Ofcom1 is satisfied that the holder of a digital sound programme 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 of Part II of the Broadcasting Act 19963, Ofcom may serve on him4:
(1) a notice requiring him to pay, within a specified period, a specified financial penalty to Ofcom5;
(2) a notice providing that the licence is to expire on a specified date, which must be at least one year from the
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