CONGRESSIONAL BILL NO. 18-145, C.D.1 P.C. NO. 18-254 1 PUBLIC LAW NO. 18-52 Micronesia. 2 (4) The Authority may only revoke a licence under 3 subsection (2)(b) or (2)(c) if it is satisfied that 4 suspension is not appropriate in the circumstances, 5 having regard to the seriousness of the breach of 6 licence condition or the false or misleading statements. 7 (5) A licensee may surrender a licence (other than a 8 9 class licence) by notice to the Authority. (6) A licence is personal to the licensee and must not 10 be assigned, transferred, sub-licensed or otherwise 11 dealt with without the Authority’s written consent.” 12 Section 42. Title 21 of the Code of the Federated States of 13 Micronesia, as amended, is hereby further amended by adding 14 section 338 under chapter 3, to read as follows: 15 “Section 338. 16 Subject to this Act, licensees may negotiate, agree and 17 vary agreements with one another for interconnection of 18 communications networks, access to and sharing of 19 facilities and other services, and the provision of 20 wholesale services, including the type and amount of 21 charges, in such manner and on such conditions as are 22 mutually acceptable to the licensees.” 23 Section 43. Commercial negotiation. Title 21 of the Code of the Federated States of 24 Micronesia, as amended, is hereby further amended by adding a new 25 section 339 under chapter 3, to read as follows: 57 of 119