(1)If the Commission is satisfied that a licence holder—
(a)has contravened any condition of his licence, or
(b)is contravening any such condition,
the Commission may impose on the licence holder a penalty of such amount as is reasonable.
(2)No such penalty shall exceed 10 per cent. of the turnover of the licence holder (determined in accordance with provisions specified in an order made by the Secretary of State).
(3)The Commission may impose a penalty under this section in respect of a contravention of a licence condition irrespective of whether it has made or may make a final or provisional order in respect of that contravention.