1

in accordance with the

requirements in that regard in

paragraph (a), to transfer or

otherwise dispose of the shares.

(a) Where a notice under

subsection (7) (a) is served on a

person, the person may apply to

the Broadcasting Authority for an

extension, or a further extension,

of the period within which the

requirements of the notice are to

be complied with.

(b)

Where an application is made under

this subsection the Broadcasting

Authority shall only grant an

extension or further extension if

it is satisfied that, having

regard to the circumstances of the

case, the application is

reasonable.

(9) Where a notice under subsection

(7) is served on a person, subject to

subsection (8), the person shall comply with

the requirements of the notice.

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