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

[[Page 42]]

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]