Sec. 76.917  Notification of certification withdrawal.

    A franchising authority that has been certified to regulate rates 
may, at any time, notify the Commission that it no longer intends to 
regulate basic cable rates. Such notification shall include the 
franchising authority's determination that rate regulation no longer 
serves the interests of cable subscribers served by the cable system 
within the franchising authority's jurisdiction, and that it has 
received no consideration for its withdrawal of certification. Such 
notification shall be served on the cable operator. The Commission 
retains the right to review such determinations and to request the 
factual finding of the franchising authority underlying its decision to 
withdraw certification. The franchising authority's withdrawal becomes 
effective upon notification to the Commission.

[ 59 FR 17972 , Apr. 15, 1994]