Sec.  27.302   Eligibility.

   (a) General. Authorizations will be granted upon proper application if:

   (1)  The  applicant  is  qualified  under  the applicable laws and the
   regulations, policies and decisions issued under those laws, including
    Sec. 27.12;

   (2) There are frequencies available to provide satisfactory service; and

   (3) The public interest, convenience or necessity would be served by a
   grant.

   (b) Alien Ownership. A WCS authorization may not be granted to or held by an
   entity not meeting the requirements of section 310 of the Communications Act
   of 1934, as amended, 47 U.S.C. section 310 insofar as applicable to the
   particular service in question.