§  3.74   Ship stations affected by suspension, cancellation or relinquishment.

   (a) Whenever the accounting authority privilege has been suspended,
   cancelled or relinquished, the accounting authority is responsible for
   immediately notifying all U.S. ship licensees for which it was
   performing settlements of the circumstances and informing them of the
   requirement contained in paragraph (b) of this section.

   (b) Those ship stations utilizing an accounting authority's AAIC for
   which the subject accounting authority certification has been
   suspended, cancelled or relinquished, should make contractual
   arrangements with another properly authorized accounting authority to
   settle its accounts.

   (c) The Commission will notify the ITU of all accounting authority
   suspensions, cancellations and relinquishments, and

   (d) The Commission will publish a Public Notice detailing all
   accounting authority suspensions, cancellations and relinquishments.