Page:United States Statutes at Large Volume 97.djvu/1500

 97 STAT. 1468 PUBLIC LAW 98-214—DEC. 8, 1983 shall be given reasonable opportunity, of at least thirty days, to protest such proposed order of modification; except that, where safety of life or property is involved, the Commission may by order provide, for a shorter period of notice."; (2) by adding at the end of subsection (a) the following new paragraphs: "(2) Any other licensee or permittee who believes its license or permit would be modified by the proposed action may also protest the proposed action before its effective date. "(3) A protest filed pursuant to this subsection shall be subject to 47 USC 309. the requirements of section 309 for petitions to deny."; and (3) in subsection (b), by inserting before the period at the end thereof the following: "; except that, with respect to any issue that addresses the question of whether the proposed action would modify the license or permit of a person described in subsection (a)(2), such burdens shall be as determined by the Commission". (b) Section 503(b)(5) of such Act (47 U.S.C. 503(b)(5)) is amended by inserting, before the period in the second sentence, the following: "or if the person involved is transmitting on frequencies assigned for use in a service in which individual station operation is authorized 47 USC 307. by rule pursuant to section 307(e)". Funds, distribution. Report to congressional committees. FINANCIAL OVERSIGHT OF NATIONAL PUBLIC RADIO BY CORPORATION FOR PUBLIC BROADCASTING SEC. 5. Section 396(1) of the Communications Act of 1934 (47 U.S.C. 396(1)) is amended by adding at the end thereof the following: "(4)(A) Subject to subparagraph (C), the Corporation may not distribute to National Public Radio any funds authorized to be appropriated by this Act unless there is in effect a determination by the Corporation that— "(i) National Public Radio has adopted and is implementing a system of financial controls and procedures devised in consulta- tion with, and recommended by, an independent certified public accountant and determined by the Comptroller General as suffi- cient to assure that the financial transactions of National Public Radio reflect prudent management practices and are accounted for in a manner consistent with generally accepted accounting principles; "(ii) National Public Radio has adopted a budget under which reasonably projected expenditures will not exceed reasonably projected revenues from all sources for any fiscal year in which such funds are distributed to National Public Radio; and "(iii) financial reporting systems of National Public Radio provide the Corporation with continuous access to all financial books and records of National Public Radio. "(B) Not later than fifteen days after the date of the enactment of this paragraph, the Corporation shall report to the appropriate committees of the Congress on actions taken by National Public Radio to meet the conditions described in subparagraph (A) and on actions taken by the Corporation with respect to the indebtedness of National Public Radio related to deficits accumulated before Octo- ber 1, 1983. The Corporation shall certify to such committees when such conditions have been met. "(C) The requirements of subparagraphs (A) and (B) shall cease to be effective on and after the date on which the Corporation certifies

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