§ 321. Periodic financial statements
Each franchisee shall file quarterly with the Commission a statement of gross quarterly subscriber receipts for official use only, together with any franchise fee payment which may be due pursuant to section 311 of this chapter. In addition, each such franchisee shall file with the Commission an annual statement of gross subscriber receipts. Such statements […]
§ 312. Renewal and extension
(a) In any case in which a cable television system franchisee submits an application to the Commission for the renewal or extension of its franchise authorization, the Commission may refuse to grant such renewal or other extension only in accordance with section 626(c)(1) of the federal Cable Communications Policy Act of 1984. (b) A cable […]
§ 313. Franchise transfers or assignments
No franchise or control thereof shall be transferred or assigned without the prior written consent of the Commission. Such consent shall be given only after a hearing upon a written application therefor. The application for consent to a transfer or assignment shall be signed by the franchisee and by the proposed transferee or assignee.
§ 314. Revocation of franchise
Any franchise may, after hearing, be revoked by the Commission for any of the following reasons: (a) false or misleading statements in, or material omissions from, any applications or periodic statements submitted under this chapter; (b) failure to file and maintain a bond or insurance as required by this chapter; (c) repeated violations, as determined […]
§ 307. Franchise requirements
The following conditions shall apply to any franchise granted: (a) The franchise term shall be for a period of fifteen (15) years. (b) Except for those operating cable systems to which section 306 of this chapter applies, the franchise shall be granted only after a performance bond is furnished to the Government of the Virgin […]
§ 308. Franchise applications
No franchise, except in the case of an operating cable system upon filing of a sworn statement pursuant to section 306 of this chapter, or renewal thereof shall be issued except upon written application to the Commission. Such application shall contain such information as the Commission may reasonably prescribe, including: (1) the citizenship and character […]
§ 309. Public hearing on franchise application
No franchise, except for a franchise granted pursuant to section 306 of this chapter, or amendment thereto shall be granted pursuant to this chapter until the Commission has held a public hearing. The Commission shall cause notice of the time, date and place of such hearing, as well as the subject matter sufficient for the […]
§ 310. Conditions imposed on applicant
Before a franchise can be issued by the Commission, the applicant for a franchise must agree in writing to the following: (a) In installing, operating, and maintaining equipment, cable and wires, it shall avoid all unnecessary damage and injury to trees, structures, and improvements in and along the routes authorized by the Commission. (b) It […]
§ 311. Franchise fee
(a) Each franchisee shall quarterly pay to the Virgin Islands Bureau of Internal Revenue a franchise fee equal to five percent (5%) of the franchisee’s gross subscriber receipts for that quarter. (b) Any franchise fees under subsection (a) of this section not paid within fifteen (15) days of the end of the applicable quarter shall […]
§ 302. Declaration of findings and policy
The Legislature declares: (a) That after careful investigation it appears that the rates, services, and operations of cable television companies in the territory are subject to the public interest; (b) That it is the policy of this territory to provide fair regulation of cable television companies in the interest of the public; (c) That the […]