[Title 47 CFR 3.49]
[Code of Federal Regulations (annual edition) - October 1, 2004 Edition]
[Title 47 - TELECOMMUNICATION]
[Chapter I - FEDERAL COMMUNICATIONS COMMISSION]
[Subchapter A - GENERAL]
[Part 3 - AUTHORIZATION AND ADMINISTRATION OF ACCOUNTING AUTHORITIES IN MARITIME]
[Sec. 3.49 - Agreement to be audited.]
[From the U.S. Government Printing Office]


47TELECOMMUNICATION12004-10-012004-10-01falseAgreement to be audited.3.49Sec. 3.49TELECOMMUNICATIONFEDERAL COMMUNICATIONS COMMISSIONGENERALAUTHORIZATION AND ADMINISTRATION OF ACCOUNTING AUTHORITIES IN MARITIME
Sec. 3.49  Agreement to be audited.

    Accounting authorities accept their certifications on condition that 
they are subject to audit of their settlement activities by the 
Commission or its representative. Additionally, the Commission reserves 
the right to verify any statement(s) made or any materials submitted to 
the Commission under these rules. Verification may involve discussions 
with ship owners or others as well as the requirement to submit 
additional information to the Commission. Failure to respond 
satisfactorily to any audit findings is grounds for forfeiture or 
suspension or cancellation of authority to act as an accounting 
authority for U.S. vessels.