§  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, § 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.