15 The programming licence holder may request from the licencing authority to be informed in advance of the effect the change in the effective control will have on the licence. The licencing authority shall issue a decision within two months of the application’s arrival. If a change in the effective control concerns an undertaking acquisition that in accordance with the Act on Competition Restrictions has to be reported to the Finnish Competition Authority, or in accordance with the EC Merger Regulation has to be reported to the Commission, the decision has to be issued by the licencing authority no later than two months after the definitive decision concerning the undertaking acquisition was made. Section 31 Lapse of a programming licence A programming licence granted for television or radio broadcasting ceases to be valid if no regular activity in accordance with the licence has been started within six months from the first date of the licence period or if regular broadcasting has been interrupted for a period exceeding 30 days. Broadcasting can be considered to meet the licence requirements only if operations are carried out in all the frequencies or regions to which the licence entitles. Ficora shall notify the licence holder of the lapse. If amendments are made to a frequency block or frequency band in the programming licence and no operations have been started within six months from the entry into force of the amendment regarding the band that was amended, the programming licence ceases to be valid in terms of the amendments. If there is a particularly weighty reason related to the operating requirements, the licencing authority may grant a permission to deviate from the provisions laid down in subsection 1. The licence holder shall apply for an exceptional permit from the licencing authority before the licence lapses. Section 32 Cancelling of a programming licence The licencing authority may cancel the licence in part or in full, if: 1) the programming licence holder has repeatedly and seriously violated the provisions of this Act or the licence terms referred to in sections 27 or 37; 2) the licence holder no longer has sufficient economic resources to meet its obligations in view of the nature and extent of the operation. A further requirement for cancellation is that the licence holder, despite being requested to do so, fails to rectify its conduct or replenish its economic resources to a sufficient level within a reasonable period of at least one month. The licencing authority may cancel a programming licence if the effective control in respect of the licence holder changes, except for a transfer within the same group of undertakings as referred to in section 30(1)–(2). The licencing authority may cancel the licence in part or in full, if this is necessary due to a change in the frequency allocation plan of frequencies allocated to operations subject to a licence. If the programming licence holder is declared bankrupt, the licence shall become invalid immediately. Section 33 Relinquishing the programming licence