(4) under subsection In specifying interconnection and access prices or pricing principles principles for accepted (1)(a), the Commission shall take into account internationally to reflect actual costs. determining regulated prices, including methodologies designed (6) or pricing The Commission may make interim interconnection and access prices or pricing prices interim Such principles to which subsection (4) shail not apply. this Act, of cement principles will continue to apply for 2 years after the commen which to es regardless of whether the Commission has specified pricing principl subsection (4) applies. (6) interim prices or The interconnection and access rules shall not specify (including in pricing principles)— network a price for termination of calls or messages on a type of communications a) ing which is greater than 50% of the lowest long-term price charged by the terminat ion on that type licensee to its retail customers for any service which includes terminat of network; or pricing principles which would result in such a price. b) Reference offers 43. The Commission may by written notice to a licensee— QQ) a) by the require a licensee to prepare and submit a reference offer for approval b) accept a reference offer the licensee has submitted; or c) (2) (3) (4) Commission by the date specified in the notice; date. direct the licensee to make changes to the reference offer by a particular the Commission Before directing the licensee to make changes to the reference offer, must consult with the licensee. A the Commission that licensee may apply for a rehearing under section of a direction by the licensee make changes to its reference offer. ce offer, the licensee If the Commission directs the licensee to make changes to a referen Commission for the to offer must do so promptly and provide the revised reference approval before the date set by the Commission. 6) to the reasonable Ifa licensee fails to prepare or make changes to a reference offer the Commission may sion, Commis the satisfaction of the Commission by the date set by by written notice to the licensee— a) principles made determine a reference offer to apply to that licensee, by applying b) ce offer for approval direct the licensee to take specified action to prepare the referen under section 42(1)(a); or produce the reference offer), by the Commission (such as to engage a consultant to such a direction. by written notice to the licensee. The licensee shall comply with (6) (7) A offer determined by the licensee may apply for a rehearing under section of a reference Commission for that licensee. s or determines. The Commission shall publish all reference offers it approve 22

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