Page:United States Statutes at Large Volume 104 Part 2.djvu/326

 104 STAT. 1306 PUBLIC LAW 101-505 —NOV. 3, 1990 Convenience and Necessity' or order issued by the Commission shall be issued a new 'Certificate of Authority' within 120 days after the effective date of this amendment. "(c)(i) Pending issuance of the new Certificate of Authority, the continuance of operations shall be permitted under an existing certificate or order issued by the Commission which will continue in effect on the effective date of this Act. "(ii) The operations described in paragraph (i) of this subsection shall be performed according to the rates, regulations, and practices of the certificate holder on file with the Commission on the effective date of this Act. "7. (a) When an application is made under this section for a Certificate of Authority, the Commission shall issue a certificate to any qualified applicant, authorizing all or any part of the transportation covered by the application, if it finds that— "(i) the applicant is fit, willing, and able to perform that transportation properly, conform to the provisions of this Act, and conform to the rules, regulations, and requirements of the Commission; and "(ii) that the trsmsportation is consistent with the public interest. "(b) If the Commission finds that the requirements of subsection (a) of this section have not been met, the application shall be denied by the Commission. "(c) The Commission shall act upon applications under this Act as soon as possible. "(d) The Commission may attach to the issuance of a certificate and to the exercise of the rights granted under it any term, condition, or limitation that is consistent with the public interest. "(e) A term, condition, or limitation imposed by the Commission may not restrict the right of a carrier to add to equipment and facilities over the routes or within the territory specified in the certificate, as business development and public demand may require. "(f) A person applying for or holding a Certificate of Authority shall comply with Commission regulations regarding maintenance of a surety bond, insurance policy, self-insurance qualification, or other security or agreement in an amount that the Commission may require to pay any final judgment against a carrier for bodily injury or death of a person, or for loss or damage to property of another, resulting from the operation, maintenance, or use of a motor vehicle or other equipment in performing transportation subject to this Act. "(g) A Certificate of Authority is not valid unless the holder is in compliance with the insurance requirements of the Commission. "8. Application to the Commission for a certificate under this Act shall be— "(a) made in writing; "(b) verified; and "(c) in the form and with the information that the Commission regulations require. "9. (a) A Certificate of Authority issued by the Commission shall specify the route over which a regularly scheduled commuter service or other regular-route service will operate. "(b) A certificate issued by the Commission authorizing iregularoute service shall be coextensive with the Metropolitan District. "(c) A carrier subject to this Act may not provide any passenger transportation for hire on an individual fare paying basis in com-

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