10 licencing authority. The Government shall decide on whether to cancel the licence within two months of the notification. The Government may decide not to cancel the licence if it is apparent that: 1) the requirements for granting a licence pursuant to section 10 have been met; and 2) operations continue according to the licence terms. The licence holder may request the Government to inform in advance of the effect the change in the effective control will have on the licence. The Government shall issue a decision within two months of the application. If a change in the effective control concerns an undertaking acquisition that in accordance with the Act on Competition Restrictions (948/2011) has to be reported to the Finnish Competition Authority, or in accordance with the Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (the “EC Merger Regulation”) has to be reported to the European Commission, hereinafter the “Commission”, the decision has to be issued by the Government no later than two months after the definitive decision concerning the undertaking acquisition was made. At the request of a licence holder the Government may transfer a licence granted by the auctioning process referred to in section 11, provided that it has no especially weighty reasons to suspect that the transfer might prevent competition or endanger interference-free radio communications or apparently risk national security. The Government shall make a decision within two months of the reception of a transfer application. A network licence transfer referred to in subsection 6 may also apply to only a part of the frequencies included in the licence. The licence holder shall explain in the transfer application as to who would be responsible for paying the licence fee provided in section 287 after the transfer. All rights and responsibilities of the licence holder shall transfer to the new licence holder. Along with the licence transfer the related frequency reservation referred to in section 44 or radio licence referred to in section 39 shall also transfer in part or in full. The transferor of the licence shall immediately notify of the transfer to Ficora. Section 19 Cancellation of a network licence The Government may cancel a network licence in part or in full, if: 1) the licence holder has repeatedly and seriously violated the provisions of this Act or the licence terms referred to in section 16; 2) the licence holder with a licence referred to in section 6(1) no longer has sufficient economic resources to meet its obligations in view of the nature and extent of the operation; 3) the network for which the licence was granted is not used for operations for which the radio frequencies were intended; or 4) the licence holder has not started operations in practice referred to in the licence within two years of the start of the licence period, unless the Government, following the licence holder’s application, orders otherwise due to technological development or reasons of overall economic conditions. A further requirement for cancellation is that the network licence holder, despite being requested to do so, fails, within a reasonable period of at least one month, to rectify its conduct, replenish its economic resources to a sufficient level or prove it has started operations. The Government may cancel a licence if the effective control in respect of the licence holder changes, except for a transfer within the same group of undertakings as referred to in Section 18(1–2).

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