If a franchise is issued to an applicant who has referred to and incorporated the provisions of said sections in its application, the receipt by such applicant at any time during the term of the franchise of rates or charges which are inconsistent with the provisions of said sections, unless in strict compliance with the provisions of Section 53066.1 of the Government Code, shall be deemed to constitute a substantial and material failure to comply with the franchise documents within the meaning of Section 5.28.210 of this chapter.
If, at any time hereafter, the right of the franchisee to elect exemption under Government Code Section 53066.1 or other federal or state law shall be abridged or repealed in any manner, the commission's full regulatory authority shall there upon be restored pro tanto. (Prior code § 20.07.620)