Railway Law

1. The Authority may cancel or suspend the license in any of the following cases: a) Any change in the dominance of the licensee, unless the Authority approves said change prior to its occurrence in accordance with the conditions and procedures specified in the Regulations. b) A written request from the licensee. c) The licensee’s commission of any violation requiring cancellation in accordance with the table of violations and fines. d) Failure to provide the Authority with the required documents within the specified period. e) Failure to operate the licensed services for a period of six consecutive months or more. f) The licensee’s bankruptcy, dissolution, or liquidation. g) Assignment of the license without the Authority’s approval. h) Expiration of the concession contract with the licensee. 2. The Regulations shall specify the procedures for license cancellation and suspension. Railway Law