The
Law of Mongolia on Telecommunications
Chapter Two
State Regulation of Telecommunications
Operation, Service and Manufacture
Article 11. Basis for expiry
of licences
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A licence shall expire on the working
day following the last day of the term of the licence, unless the licence
holder applies for an extension.
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A licence shall terminate before the
expiry of its term in the event of:
1) the dissolution of the licence
holder;
2) the failure of the licence holder
to conduct operations or provide services in accordance with the licence
within the first year of holding the licence;
3) the revocation of the licence
at the instance of the authority which issued the licence on the grounds
that the licence holder has failed to perform its obligations under law
or contract, or at the request of the licence holder.
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If a licence expires, the relevant licensing
authority shall notify the registration authority where the licence was
registered.