§ 70107. —  Effective periods, and modifications, suspensions, and revocations, of licenses.


[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 49USC70107]

 
                        TITLE 49--TRANSPORTATION
 
              SUBTITLE IX--COMMERCIAL SPACE TRANSPORTATION
 
             CHAPTER 701--COMMERCIAL SPACE LAUNCH ACTIVITIES
 
Sec. 70107. Effective periods, and modifications, suspensions, 
        and revocations, of licenses
        
    (a) Effective Periods of Licenses.--The Secretary of Transportation 
shall specify the period for which a license issued or transferred under 
this chapter is in effect.
    (b) Modifications.--On the initiative of the Secretary or on 
application of the licensee, the Secretary may modify a license issued 
or transferred under this chapter if the Secretary decides the 
modification will comply with this chapter.
    (c) Suspensions and Revocations.--The Secretary may suspend or 
revoke a license if the Secretary decides that--
        (1) the licensee has not complied substantially with a 
    requirement of this chapter or a regulation prescribed under this 
    chapter; or
        (2) the suspension or revocation is necessary to protect the 
    public health and safety, the safety of property, or a national 
    security or foreign policy interest of the United States.

    (d) Effective Periods of Modifications, Suspensions, and 
Revocations.--Unless the Secretary specifies otherwise, a modification, 
suspension, or revocation under this section takes effect immediately 
and remains in effect during a review under section 70110 of this title.
    (e) Notification.--The Secretary shall notify the licensee in 
writing of the decision of the Secretary under this section and any 
action the Secretary takes or proposes to take based on the decision.

(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 1334.)

                                          Historical and Revision Notes
----------------------------------------------------------------------------------------------------------------
           Revised  Section                    Source (U.S. Code)               Source (Statutes at Large)
----------------------------------------------------------------------------------------------------------------
70107(a)..............................  49 App.:2606 (last sentence).    Oct. 30, 1984, Pub. L. 98-575, Secs.  7
                                                                          (last sentence), 10, 98 Stat. 3058,
                                                                          3059.
70107(b)..............................  49 App.:2609(b).
70107(c)..............................  49 App.:2609(a).
70107(d)..............................  49 App.:2609(c).
70107(e)..............................  49 App.:2609(d).
----------------------------------------------------------------------------------------------------------------

    In subsection (a), the words ``of time'' and ``in accordance with 
regulations issued under this chapter'' are omitted as surplus.
    In subsection (b), the words ``the requirements of'' are omitted as 
surplus.
    In subsection (e), the words ``Whenever the Secretary takes any 
action'' are omitted as surplus.

                  Section Referred to in Other Sections

    This section is referred to in section 70110 of this title.






























chanrobles.com





ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com