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U.S. Code as of:
01/19/04
Section 35. Withholding or revoking of licenses by President; terms and conditions of licenses
The President may withhold or revoke such license when he shall
be satisfied after due notice and hearing that such action will
assist in securing rights for the landing or operation of cables in
foreign countries, or in maintaining the rights or interests of the
United States or of its citizens in foreign countries, or will
promote the security of the United States, or may grant such
license upon such terms as shall be necessary to assure just and
reasonable rates and service in the operation and use of cables so
licensed. The license shall not contain terms or conditions
granting to the licensee exclusive rights of landing or of
operation in the United States. Nothing herein contained shall be
construed to limit the power and jurisdiction of the Federal
Communications Commission with respect to the transmission of
messages.
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