Sec.  51.805   The Commission's authority over proceedings and matters.

   (a) If the Commission assumes responsibility for a proceeding or matter
   pursuant to section 252(e)(5) of the Act, the Commission shall retain
   jurisdiction over such proceeding or matter. At a minimum, the Commission
   shall approve or reject any interconnection agreement adopted by
   negotiation, mediation or arbitration for which the Commission, pursuant to
   section 252(e)(5) of the Act, has assumed the state's commission's
   responsibilities.

   (b) Agreements reached pursuant to mediation or arbitration by the
   Commission pursuant to section 252(e)(5) of the Act are not required to be
   submitted to the state commission for approval or rejection.