Sec. 69.152  End user common line for price cap local exchange carriers.

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    (b) Except as provided in paragraphs (d) through (i) of this 
section, the maximum single line rate or charge shall be computed:
    (1) By dividing one-twelfth of the projected annual revenue 
requirement for the End User Common Line element by the projected 
average number of local exchange service subscriber lines in use during 
such annual period, only so long as a per-minute carrier common line 
charge is assessed or the multi-line PICC defined in Sec. 69.153 
recovers common line revenues.
    (2) By dividing one-twelfth of the projected annual revenues 
permitted for the common line basket under the Commission's price cap 
rules, as set forth in part 61 of this chapter, by the projected average 
number of local exchange service subscriber lines in use during such 
annual period, if no per-minute carrier common line charge is assessed 
and the multi-line PICC defined in Sec. 69.153 does not recover any 
common line revenues.
    (3) Provided, however, that the charge for each local exchange 
service subscriber line shall not exceed $9.00 as adjusted by the 
inflation factor computed under paragraph (k) of this section.

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