Cable Radio and Television Act Article 13

Before issuing the establishment permit, the central regulatory agency shall command the applicant to pay the performance bond. If an applicant fails to establish the business in accordance with provisions or fails to do so during the validity of the establishment permit, the central regulatory agency shall not return a part or the whole of the performance bond and shall revoke the establishment approvals.Provisions of the preceding Paragraph shall apply to system operators who apply for changes of operations plan for expanding the service area.The amount of performance bond, payment deadline, payment methods, conditions of refund of a performance bond, and other regulatory matters shall be enacted by the central regulatory agency.