Sec. 63.05 Commencement and completion of construction for domestic
common carriers.
Unless otherwise determined by the Commission upon proper showing in
any particular case, in the event construction shall not have been begun
upon a project involving an expenditure of more than $500,000, or where
facilities authorized have not been leased or acquired, within 12 months
from the date of the Commission's authorization, or all or part of the
proposed facilities shall not have been placed in operation within 36
months after such date, such authorization shall terminate at the end of
such 12 or 36 months' period, as the case may be; in the case of
projects involving an expenditure of $500,000 or less, the authorization
therefor shall terminate at the end of 9 months or 18 months, as the
case may be, in the event construction thereof shall not have been
commenced, or the facilities placed in operation, within such respective
periods.
(Sec. 303, 48 Stat. 1082, as amended; 47 U.S.C. )
[41 303 FR 20662 , May 20, 1976]
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