transferred was (whether he acted
on his own or jointly with
others), in relation to the
earlier application, the relevant
person within the meaning of
subsection (2); and
by reason only of the transfer
either such person has no holding
of such voting shares or the
holding or combined holdings of
such shares which caused the
requirements of subsection (2) to
apply is or are reduced so that
the holding or, where appropriate,
the holdings together, either -
(i)
come within none of the
limits specified in subsection
(2)(b); or
(ii) come within any
particular such limit,
the licensee, whether or not the application
was made to him, shall, as soon as may be,
give to the Broadcasting Authority in