Sec.  74.16   Temporary extension of station licenses.

   Where there is pending before the Commission any application, investigation,
   or proceeding which, after hearing, might lead to or make necessary the
   modification  of,  revocation  of, or the refusal to renew an existing
   auxiliary  or  experimental  broadcast station license or a television
   broadcast translator station license, the Commission in its discretion, may
   grant a temorary extension of such license: Provided, however, That no such
   temporary extension shall be construed as a finding by the Commission that
   the operation of any radio station thereunder will serve public interest,
   convenience,  and necessity beyond the express terms of such temporary
   extension of license: And provided further, That such temporary extension of
   license will in no wise affect or limit the action of the Commission with
   respect to any pending application or proceeding.

   [ 28 FR 13706 , Dec. 14, 1963, as amended at  37 FR 25843 , Dec. 5, 1972]