Regulations for Administration of Wireless Broadband Access Business Article 34

An establishment approval is valid for 1 year and 6 months. Winning bidders that are unable to complete the establishment within a time limit and acquire a charter through due process shall apply for extension to the NCC with explanation within one month starting from three months prior to the expiration of approval. Length of extension may not exceed one year and only one extension is allowed.The NCC may revoke the establishment approval, system installation permit, and frequency granted to the winning bidder, if such bidder fails to meet the time limits provided in the preceding paragraph; the performance bond and the minimum advancement bond of charter fee will not be refunded; or, or the NCC shall notify the guarantor bank to fulfill the responsibility of performance guarantee.
中文原文 無線寬頻接取業務管理規則第34條
籌設許可有效期間為一年六個月;得標者未能於有效期間內完成籌設並依法取得特許執照者,應於期間屆滿前三個月起一個月內敘明理由向本會申請展期,展期最長不得逾一年,並以一次為限。
前項逾期者,本會得廢止其籌設許可、系統架設許可及所指配頻率,並不予退還其履行保證金及最低特許費預收保證金,或由本會通知履約保證銀行履行保證責任。

English translation for reference only; the Chinese text prevails. Not legal advice.