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(1) The Authority shall grant the licence to an applicant where it is satisfied that the communications system in respect of which the application is made is technically suitable for the service intended to be rendered and a licence for the operation of such systems have not been granted exclusively to another operator in the public interest.

(2) An application under subsection (1) of this section shall be granted by the Board unless there are compelling reasons founded on technical data, national security, public safety or other reasonable justification which shall be communicated to the applicant.