PART FOUR CLASS LICENSES 20. Application for a Class License 1) An application for a Class License shall be submitted to the Authority by completing relevant application forms, attaching required documents, and paying the required fees. 2) Telecommunications Services requiring Class Licenses shall be those listed in Appendix “B” of this Directive. 21. Time Needed to Make a Determination for a Class License 1) Within thirty (30) working days of receipt of the application, the Authority will determine whether a Class License shall be issued and will inform the Applicant of its Decision in writing. 2) The Authority reserves the right to extend the time within which it shall make a Decision, but not later than sixty (60) working days. 22. Duration and Expiration of a Class License 1) A Class License issued under this Directive shall, unless stated otherwise in the license conditions, remain valid for a period of fifteen (15) years. 2) A Class License shall expire unless renewed as provided in Article 23 of this Directive. 3) Where the Class License is terminated at the expiration of its duration, the Class Licensee shall immediately cease providing service upon the expiration of its License unless the Authority either permits or requires the Class Licensee to continue providing service on a temporary basis. 23. Renewal of a Class License 1) A Class License, unless stated otherwise in the license conditions, may be renewed for a period of fifteen (15) years where: a) The Licensee has applied for renewal of its License with the necessary License renewal fees twelve (12) months prior to its expiration; and, b) The Licensee has fulfilled every License obligation. 2) Should the Licensee of a Class License opt not to renew its License, it shall fulfill the provisions of Article 24 Sub-Articles 1 (b), (c) and (d) of this Directive, as applicable. 24. Surrender of a Class License 1) A Licensee who wishes to surrender a valid and subsisting Class License shall: a) Give the Authority not less than a six (6) month notice of its intention to surrender the Class License prior to the date of actual submission of the written notice or the date determined by the License on which surrender of the License will take effect; b) Provide written proof to the Authority that subscribers of the Licensee have been given a minimum of three (3) month notice of its intention to surrender the License and to terminate its operations; 9