11. Suspension or cancellation of postal licence etc.

any of the conditions of the postal licence;

any provision of any code of practice or standard of performance;

any direction of the Authority given under section 26, the Authority may, by notice in writing, do either or both of the following —

issue such written order to the person as it considers requisite for the purpose of securing compliance thereof;

require the payment, within a specified period, of a financial penalty of such amount not exceeding

the person who is granted a postal licence is again likely to contravene, whether by act or omission, any condition, provision or direction referred to in subsection (1);

the person who is granted a postal licence has gone into liquidation other than for the purpose of amalgamation or reconstruction;

the person who is granted a postal licence is no longer in a position to comply with the provisions of this Act or the conditions of his licence; or

the public interest so requires, the Authority may, in lieu of an order or a financial penalty under subsection (1)(i) or (ii) or both, by notice in writing and without any compensation, do all or any of the following —

cancel the postal licence or part thereof;

suspend the postal licence or part thereof for such period as it thinks fit;

reduce the period for which the postal licence is to be in force.

shall require the person concerned (according to the circumstances of the case) to do, or not to do, such things as are specified in the order or are of a description so specified therein;

shall take effect at such time, being the earliest practicable time, as is determined by or under that order; and

may be revoked at any time by the Authority.