v. Initial and annual fee for radio frequency in accordance with the Regulations determining fees for radio communication licenses. b) The Regulatory Authority may from time to time amend the fees applicable to different types of licenses and revised charges are applied to all licenses of the same type. c) License fees shall be paid to the Regulatory Authority. Failure to pay the fee within the prescribed time shall result in delay in issuing or renewal of the license, or suspension of the license. The suspension here may provide a specific restriction in relation to a specific service provision. d) The Regulatory Authority may use the method of Auctioning to get the best bidder for the signal distribution if it deemed necessary. Article 17: Grounds for Refusing to Grant License a) An applicant may be refused a license by the Regulatory Authority on the following grounds; i. in order to protect the national integrity and/or national security ii. for reasons of limitations on the frequency spectrum resources iii. If the Regulatory Authority reasonably believes that competition in the the signal distribution sector can be adversely affected. iv. If the applicant has failed in meeting the information requirement and related obligations. b) The applicant must be given written reasons about refusals and delays in the granting of license as soon as the Regulatory Authority has made its decision except that the Regulatory Authority shall not be bound to provide reasons for the grounds of refusal to the applicant on the national security matters. Article 18: Renewal of License a) License holders may apply to the Regulatory Authority for renewal of a license not later than three months before the expiry of the existing license and the procedure for the renewal of license is the same as that procedure applicable to the granting of the original license; b) Signal Distribution Networks who fail to renew their licenses or whose application for renewal is rejected by the Regulatory Authority shall cease to have any legal authority to continue to operate or install the broadcasting networks. Page 12 of 14