2. COMPLIANCE

The Advertiser and the Advertising Agent acknowledge that the conduct of the business of the Station is governed by the Television Ordinance and its related Regulations, its licence and the Codes of Practice as amended from time to time and that all Bookings made by the Advertiser and the Advertising Agent are subject to compliance with the Station's obligations under its licence. In the event that the Station determines, whose judgement shall be final and absolute, that the continued performance of its contractual obligations to the Advertiser and the Advertising Agent may infringe or be in breach of the aforesaid law, regulations, licence and Codes of Practice, or would place the Station in a prejudicial position, the Station shall have the right to terminate the whole or such part of the Booking as remains outstanding with the Advertiser and the Advertising Agent. The Advertiser and the Advertising Agent shall not have any claim in any nature whatsoever against the Station for such termination and shall be liable for payment of any sum due or accrued due by the Advertiser or the Advertising Agency to the Station for any telecast made or facility or service supplied up to the time of termination.