It shall be a function of OFCOM, to the extent that provision for them to do so is contained in—
to regulate the BBC.
For the purposes of the carrying out of that function OFCOM—
The BBC Charter and Agreement may in particular confer on OFCOM, as a power they are to have by virtue of subsection (2)(a), power to require any person to provide information for the purposes of the carrying out by OFCOM of their function under subsection (1).
The BBC must pay OFCOM such penalties in respect of contraventions by the BBC of provision made by or under—
as are imposed by OFCOM in exercise of powers conferred on them by that Charter and Agreement.
The BBC are also to be liable to pay OFCOM such sums in respect of the carrying out by OFCOM of their functions in relation to the BBC as may be—
The maximum penalty that may be imposed on the BBC on any occasion by OFCOM in exercise of a power conferred by virtue of the BBC Charter and Agreement is £250,000.
The Secretary of State may by order substitute a different sum for the sum for the time being specified in subsection (5).
No order is to be made containing provision authorised by subsection (6) unless a draft of the order has been laid before Parliament and approved by a resolution of each House.
It shall be the duty of OFCOM to have regard to their functions under this section when carrying out their functions under the 1990 Act, the 1996 Act and this Part in relation to services provided by persons other than the BBC.
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