b) Shall impose restrictions to the cross-ownership of service providers holding such licences. 5. A radio-frequency spectrum licence issued by the Authority shall have a maximum term of 15 years subject to renewal pursuant to the following paragraphs. 6. During a time period set by the Authority, prior to its expiration, a radio-frequency spectrum licencee may request that the Authority renew a radio-frequency spectrum licence. 7. The Authority shall renew a radio-frequency spectrum licence unless such renewal would not further the objective provided for in article 2 of the present Decree-Law, taking into account the following factors: a) The licensee’s compliance with the present Decree-Law and any regulatory measures issued thereunder, as well as with any other applicable laws of Timor-Leste; b) The need for continuity of the activities that depend upon the relevant radio-frequency spectrum; c) The level and nature of the demand for the relevant radio-frequency spectrum; d) Potential alternative usages of the relevant radio-frequency spectrum, including those using alternative technologies; e) The appropriate period of renewal; and f) 8. The national radio-frequency spectrum plan of the Authority. The granting or denying of renewal of a radio-frequency spectrum licence pursuant to this article shall be subject to paragraph 4 of Article 19. Article 62 Transfer of radio-frequency spectrum 1. Without prejudice to the following paragraph, a radio-frequency spectrum licence cannot be transferred to another person. 2. The Authority may establish procedures, rules and guidelines permitting the transfer of radio-frequency spectrum licences on a permanent or temporary basis, including for the purpose of posting it as security with a reputable financial institution in order to finance investments in telecommunications networks and services in Timor-Leste. 3. The establishment of procedures, rules and guidelines pursuant to article shall be subject to paragraph 4 of Article 19.

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