---
kind: "section"
citation: "47 C.F.R. § 65.701"
title: "47"
number: "65.701"
heading: "Period of review."
url: "https://uscodex.org/cfr/47/65.701"
---

# §65.701. Period of review.


For both exchange and interexchange carriers subject to this part, interstate earnings shall be measured over a two year period to determine compliance with the maximum allowable rate of return. The review periods shall commence on January 1 in odd-numbered years and shall end on December 31 in even-numbered years.


## Notes

### Amendments

[60 FR 28546, June 1, 1995]

### Authority

Authority: 47 U.S.C. 151, 154(i), 155, 201, 205, 214, 219, 220, 254, 303(r), 403, and 1302 unless otherwise noted.

### Amendments

[60 FR 28546, June 1, 1995]