EIGHTEENTH CONGRESS OF THE FEDERATED STATES OF MICRONESIA THIRD SPECIAL SESSION, 2014 P.C. NO. 18-254 CONGRESSIONAL BILL NO. 18-145, C.D.1 PUBLIC LAW NO. 18-52 AN ACT To further amend sections 203, 205, 208 and 228 of title 21 of the Code of the Federated States of Micronesia, as amended by Public Laws Nos. 11-26 and 17-03, and creating a new chapter 3, to create a body called the Federated States of Micronesia Telecommunication Regulation Authority (the “Authority”), setting for the powers, duties and prerogatives of the Authority in establishing the standards and guidelines in enhancing access to and affordability of telecommunication services in the Federated States of Micronesia, using the principles of liberalization, free and open competition, and customer-oriented approach, and for other purposes. BE IT ENACTED BY THE CONGRESS OF THE FEDERATED STATES OF MICRONESIA: 1 Section 1. Section 203 of Title 21 of the Code of the 2 Federated States of Micronesia, as amended, is hereby amended as 3 follows: 4 “Section 203. 5 Corporation. 6 and responsibilities: 7 Powers and responsibilities of the The Corporation has the following powers (1) to operate as a provider of all 8 telecommunications within the Federated States of 9 Micronesia and between points in the Federated States of 10 Micronesia and points outside thereof; 11 (2) to operate and manage such services on the basis 12 of commercially accepted practices, treating all users 13 of telecommunications services on equitable terms in 14 accordance with its published tariffs, and requiring all 15 users to pay for the services provided; 16 (3) to plan for the expansion and improvement of 17 telecommunications facilities and services; CBL 18-155

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