Media Study - Medija centar Beograd

conditions under this Law;
2. failure to pay a license fee within 30 days from the date of issuing the license, or
within 30 days from the payment due date; and
3. bankruptcy, involuntary liquidation or long periods of insolvency of the license
holder.
Before deciding to revoke a license, the Agency shall submit prior written notice
to the license holder of the violations of the conditions stipulated under the license or
under the law, or about other violations, and order the license holder, if it is possible and
justified in view of the nature of such violations, to remedy the violations within a
reasonable time. If the license holder fails to comply fully with the Agency order, the
license shall be revoked under a written decision provided to the license holder.
The conditions and procedure for revoking licenses shall to be specifically
defined in the Agency by-law.
Suspension of Rights and Obligations from the License
Article 42
Following the decision of the Agency, the rights and obligations stated in the
license may be suspended in the following cases:
1. war or state of emergency;
2. events of Force Majeure which seriously affect the ability of a license holder to
fulfill its obligations under the license or this Law.
The suspension of rights shall not be longer than the duration of the
circumstances that caused the suspension.
During the suspension the license holder cannot use his/her rights from the
license, nor has any obligation to pay the fees referred to in the license. The validity
period of the license will be extended for the suspension period.
The Agency may also adopt the decision referred to in paragraph 1 of this
Article in the cases for which revocation of the license is stipulated, if a license holder
furnishes satisfactory evidence that during the period in which the rights and obligations
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from the license are suspended the violations that are the cause of the suspension shall
be remedied.
The suspension referred to in paragraph 4 of this Article is terminated when the
Agency has established that the license holder has remedied the violations that caused
the suspension.
If the license holder has not remedied the violations within the suspension
period, the Agency institutes proceedings for seizing the license.
During the suspension period determined for reasons referred to in paragraph 4
of this Article, the license holder cannot exercise only the rights stipulated in the
license.
IV - TARIFFS, INTERCONNECTION, UNIVERSAL SERVICE AND LEASED
LINES
1. Tariffs
Conditions for Introduction of Special Tariff Regime
Article 43
The Agency may establish a special tariff regime for public telecommunications
operators in the following cases:
1. if there is only one public telecommunications operator for a particular
telecommunications service or if a public telecommunications operator has
significant market power in the telecommunications service market; or
2. if a public telecommunications operator cross-subsidizes or co-finances another
telecommunications network or service of its own using revenues generated from
the operation of the telecommunications network or provision of
telecommunications service where it has a monopoly or significant market power.
The Agency may adopt a by-law establishing the cases in which the public
telecommunications operator providing a particular type of public telecommunications
service is deemed to have significant market power. In establishing the above, the
Agency shall start from the prescribed percentage and may increase or decrease it by up
to a maximum of 25%.
Tariff-Setting Criteria
Article 44
The Agency shall set the tariffs referred to in Article 43 hereof, based on the
following criteria:
1. tariffs shall be set so as to allow license holders to recover their reasonable costs for
providing efficient service and to make profit that will be sufficient to allow for
investments in considerable improvements of services and for new investments;
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