Regulations for the Establishment of Radio Broadcasting Enterprises Article 22

Upon completing examination procedures as regulated in the preceding Section, the regulatory agency may carry out bidding operations as described in Article 4 in regard to the issuance of establishment permit for nationwide and regional radio broadcasting enterprises. Rules governing the bidding operation shall be handled by the regulatory agency.The permits are the targets of bidding operations and the bidding for establishment permits of nationwide radio broadcasting enterprise and regional radio broadcasting enterprise shall be handled in sequence.The date, location and operations relevant details of the said bidding shall be announced by the regulatory agency seven days prior to the bidding date.The regulatory agency shall, before conducting the bidding as described in the preceding paragraph, stage a presentation of the bidding operations and procedures.