Sec.  76.960   Prospective rate reductions.

   Upon a finding that a rate for cable programming service or associated
   equipment is unreasonable, the Commission may order the cable operator to
   implement a prospective rate reduction to the class of customers subscribing
   to the cable programming service at issue.

   (a)  For  an  operator that adjusts its rates using the quarterly rate
   adjustment system pursuant to Section 76.922(d), the Commission's decision
   regarding a prospective rate reduction shall remain binding on the cable
   operator for one year unless the Commission specifies otherwise.

   (b) For an operator that adjusts its rates using the annual rate adjustment
   system  pursuant  to  Section  76.922(e),  for  one year following the
   Commission's decision, the operator shall provide the Commission at least 30
   days' notice of any proposed change.

   [ 60 FR 52121 , Oct. 5, 1995]

   Effective Date Note:   At  60 FR 52121 , Oct. 5, 1995,  Sec. 76.960 was revised.
   This section contains information collection and recordkeeping requirements
   and will not become effective until 30 days after approval has been given by
   the Office of Management and Budget.