(a) Notwithstanding Section 12125(b) of this Title, it is the intention of I Liheslatura (the Legislature) that the costs of regulating telecommunications companies and administering this Article be apportioned among all telecommunications companies operating in Guam.

(b) The Commission is authorized to establish by rule or order that each telecommunications company operating in Guam shall be assessed, on a reasonable basis determined by the Commission, for the payment of necessary operating expenses of the Commission in administering this Article.

(c) The Commission is further authorized to establish by rule or order application and regulatory fees to recover the cost of providing services to individual telecommunicationsTELECOMMUNICATIONS ACT OF 2004

companies pursuant to this Act including, but not limited to, the review of applications for certificates of authority, review of applications to sell, assign, or transfer a certificate of authority or transfer control of a telecommunications company, provision of services by the Commission, and review of tariffs and revisions thereto.

(d) The fees assessed pursuant to this provision may be modified from time to time in accordance with the requirements of this Act and Guam law.

(e) It is the intent of I Liheslatura (the Legislature) that the basis of assessment of expenses be consistent with the legislative findings and intent set forth in Section 12201 of this Title.

(f) With regard to any assessment made under this Section, the Commission may require a telecommunications company to make an advanced deposit against estimated expenses, subject to true up and may condition the effectiveness of any regulatory action on the timely payment of an assessment.

SOURCE: Added by P.L. 27-110:10 (Nov. 1, 2004).

2015 NOTE: Subsection designations were added in accordance to the authority granted by 1 Guam Code Ann. § 1606.