; or (B) require a cable operator to which a franchise was initially granted to receive approval from the franchising authority for the transfer of such franchise to a person who accepts all of the terms of the franchise in effect for the cable operator at the time of the transfer. (2) Notification In the case of the transfer of a franchise to a person to which such franchise was not originally granted, a franchising authority may require a cable operator to which a franchise was initially granted to, not later than 15 days after a transfer of a franchise, notify the franchising authority in writing of such transfer. (3) Transfer of a franchise defined In this subsection, the term transfer of a franchise means the transfer or assignment of any rights under a franchise through any transaction, including through— (A) a merger involving the cable operator or cable system; (B) a sale of the cable operator or cable system; (C) an assignment of the cable operator or a cable system; (D) a restructuring of a cable operator or a cable system; or (E) the transfer of control of a cable operator or a cable system. . (b) Effective date This section, and the amendment made by subsection (a), shall take effect 6 months after the date of the enactment of this Act. (c) Application This section, and the amendment made by subsection (a), shall apply to a franchise granted— (1) on or after the effective date established by subsection (b); or (2) before such date, if— (A) such franchise (including any renewal term thereof) is in effect on such date; or (B) such franchise is expired and the cable operator has continued to perform under the provisions of such franchise as if such franchise were not expired.