Sec.  21.45   License period.

   

   (a)(1) Licenses for stations in the Multipoint Distribution Service
   will be issued for a period not to exceed 10 years, except that
   licenses for developmental stations will be issued for a period not to
   exceed one year. The expiration date of developmental licenses shall
   be one year from the date of the grant thereof. Unless otherwise
   specified by the Commission, the expiration of regular licenses shall
   be on the following date in the year of expiration.

   Multipoint Distribution Service--May 1.

   (2) When a license is granted subsequent to the last renewal date of
   the class of license involved, the license shall be issued only for
   the unexpired period of the current license term of such class.

   (b) The Commission reserves the right to grant or renew station
   licenses in these services for a shorter period of time than that
   generally prescribed for such stations if, in its judgment, public
   interest, convenience, or necessity would be served by such action.

   (c) Upon the expiration or termination of any station license, any
   related conditional authorization, which bears a later expiration
   date, shall be automatically terminated concurrently with the related
   station license, unless it shall have been determined by the
   Commission that the public interest, convenience or necessity would be
   served by continuing in effect said conditional authorization.

   [ 44 FR 60534 , Oct. 19, 1979, as amended at  46 FR 23450 , Apr. 27, 1981;
    48 FR 27253 , June 14, 1983;  61 FR 26675 , May 28, 1996]