a) b) c) the Commission shall endeavour to minimise the annual licence fees payable by licensees (having regard to subsection (1) and the funding required for the proper discharge of the Commission’s functions under this Act); the method of determining such fees shall be transparent; d) e) the total projected licence fees payable by all licensees in a year shall not exceed the Commission’s proposed annual budget and forecasts under section ; licence fees should aim to reflect the relative value of the licensed communications networks or communications services to the licensees; and licence fees shall be determined on the same basis for all licensees holding the same category of licence. Licensing rules under subsection (1) shall determine annual fees for radiocommunications licences in accordance with the following principles— a) the annual licence fee for a licence issued as a result of a competitive tender process may be the tendered amount; and b) in the case of other licence fees— (i) the Commission shall endeavour to minimise the level of fees payable by licensees (having regard to subsection (1) and the funding required for the proper (4) discharge of the Commission’s functions under this Act); (ii) the fee setting process and the methodology shall be transparent; and (iii) fees shall not discriminate between similarly situated licensees. Revocation, suspension, dealing or surrender of a licence 38.) A licence continues in effect until it is revoked by the Commission by written notice to the licensee or until the expiration of any term specified in the licence. (2) The of a a) b) Commission may revoke or suspend an individual licence or registration person under a class licence for a communications network or service— with the consent of the licensee, ifthe licensee is in material breach of a licence condition; d) (i) its licence application; or information submitted to the Commission under this Act; or (ii) if the licensee is insolvent, in receivership, bankrupt or being wound up. c) @) Subject to subsection (4), the Commission may revoke or suspend a spectrum licence or an apparatus licence— a) in the circumstances specified in subsections (2)(a) to (d); or b) (4) if the licensee has made false or misleading statements to the Commission in— if it is necessary to implement a variation to the spectrum plan or any other spectrum planning instrument made by the Commission and is consistent with international spectrum planning or the international obligations of the Republic of Kiribati. The Commission may only revoke a licence under subsection (2)(b) or (2)(c) if it is satisfied that suspension is not appropriate in the circumstances, having regard to the seriousness of the breach of licence condition or the false or misleading statements. 6) A licensee may surrender a licence (other than a class licence) by notice to the Commission. 19