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517
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MARVIN MANDEL, Governor
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PARAGRAPH (1), THE COMMISSION MAY FROM TIME TO TIME
EXTEND SUCH PERIOD, BUT IN ANY EVENT THE SUSPENSION
PERIOD SHALL TERMINATE, NO LATER THAN ONE HUNDRED AND
TWENTY (120) DAYS AFTER THE DATE THE FARE, REGULATION OR
PRACTICE INVOLVED HAS SUSPENDED. IF NO SUCH ORDER IS
ISSUED WITHIN THE SUSPENSION PERIOD (INCLUDING ANY
EXTENSION THEREOF), THE FARE, REGULATION OR PRACTICE
INVOLVED SHALL TAKE EFFECT AT THE TERMINATION OF SUCH
PERIOD.
(3) IN THE EXERCISE OF ITS POWER TO PRESCRIBE
JUST AND REASONABLE FARES AND REGULATIONS AND PRACTICES
RELATING THERETO, THE COMMISSION SHALL GIVE DUE
CONSIDERATION, AMONG OTHER FACTORS, TO THE INHERENT
ADVANTAGES OF TRANSPORTATION BY SUCH CARRIERS; TO THE
EFFECT OF RATES UPON THE MOVEMENT OF TRAFFIC BY THE
CARRIER OR CARRIERS FOR WHICH THE RATES ARE PRESCRIBED;
TO THE NEED, IN THE PUBLIC INTEREST, OF ADEQUATE AND
EFFICIENT TRANSPORTATION SERVICE BY SUCH CARRIERS AT THE
LOWEST COST CONSISTENT WITH THE FURNISHING OF SUCH
SERVICE; AND TO THE NEED OF REVENUES SUFFICIENT TO ENABLE
SUCH CASHIERS, UNDER HONEST, ECONOMICAL, AND EFFICIENT
MANAGEMENT, TO PROVIDE SUCH SERVICE.
(4) IT IS HEREBY DECLARED AS A MATTER OF
LEGISLATIVE POLICY THAT IN ORDER TO ASSURE THE WASHINGTON
METROPOLITAN DISTRICT OF AN ADEQUATE TRANSPORTATION
SYSTEM OPERATING AS PRIVATE ENTERPRISES THE CARRIERS
THEREIN, IN ACCORDANCE WITH STANDARDS AND RULES
PRESCRIBED BY THE COMMISSION, SHOULD BE AFFORDED THE
OPPORTUNITY OF EARNING SUCH RETURN AS TO MAKE THE
CARRIERS ATTRACTIVE INVESTMENTS TO PRIVATE INVESTORS. AS
AN INCIDENT THERETO, THE OPPORTUNITY TO EARN A RETURN OF
AT LEAST 6 1/2 PER CENTUM NET AFTER ALL TAXES PROPERLY
CHARGEABLE TO TRANSPORTATION OPERATIONS, INCLUDING BUT
NOT LIMITED TO INCOME TAXES, ON GROSS OPERATING REVENUES,
SHALL NOT BE CONSIDERED UNREASONABLE.
(B) CHANGE OF FARE, REGULATION, OR PRACTICE IN
EFFECT.
WHENEVER, UPON COMPLAINT, OR UPON ITS OWN
INITIATIVE, AND AFTER HEARING HELD UPON REASONABLE
NOTICE, THE COMMISSION FINDS THAT ANY INDIVIDUAL OR JOINT
FARE IN EFFECT FOR TRANSPORTATION SUBJECT TO THIS
COMPACT, OR ANY REGULATION OR PRACTICE AFFECTING SUCH
FARE, IS UNJUST, UNREASONABLE OR UNDULY PREFERENTIAL OR
UNDULY DISCRIMINATORY, THE COMMISSION SHALL ISSUE AN
ORDER PRESCRIBING THE LAWFUL FARE, REGULATION, OR
PRACTICE THEREAFTER TO BE IN EFFECT.
7. THROUGH ROUTES; JOINT FARES.
(A) ESTABLISHMENT BY CARRIERS.
IN ORDER TO ENCOURAGE AND PROVIDE ADEQUATE TRANSIT
SERVICE ON A DISTRICT-WIDE BASIS, ANY CARRIER MAY
ESTABLISH THROUGH ROUTES AND JOINT FARES WITH ANY OTHER
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