Vol. 407, No. 20111, 22 May 1999
Regulation Gazette, No. 6541
No. R. 675
GOVERNMENT NOTICE
DEPARTMENT OF COMMUNICATIONS
REGULATIONS RELATING TO THE CONTRIBUTIONS TO THE HUMAN RESOURCES FUND
The South African Telecommunications Regulatory Authority has, under section 96 (1) read with sections 86 and 96(5)(b) of the Telecommunications Act, 1996 (Act No. 103 of 1996), with the approval of the Minister for Posts, Telecommunications and Broadcasting, made the regulations in the Schedule.
Jay Naidoo
MINISTER
SCHEDULE
Definitions
In this Schedule any expression to which a meaning has been
assigned by the Telecommunications Act, 1996 (Act No. 103 of 1996) (hereinafter referred
to as "the Act"), shall have the same meaning unless the context indicates
otherwise.
Contributions payable by licence holders to the Human Resources Fund
Every holder of a licence granted or deemed to have been granted in terms of Chapter V of the Act, shall pay contributions to the Human Resources Fund (hereinafter referred to as "the Fund") as follows:
- A holder of a telecommunications licence issued or deemed to have been issued under section 36, 37 or 42 of the Act, shall contribute 0.08% of the annual turnover derived from the provision of the telecommunications service that it is licensed to provide.
- A holder of a value added network services licence, (other than Telkom) issued or deemed to have been issued under section 40 of the Act, shall contribute R750 per annum.
- A holder of a licence to provide private telecommunications network service issued or deemed to have been issued under section 41 of the Act, shall contribute R500 per annum.
Payment
(2) Payment in terms of regulation 2 (1) (a) shall be calculated on the annual turnover based on the latest available audited accounts of the licensee.
(3) The contributions are calculated on 1 August of every year. The contributions must be based on the audited accounts of the preceding financial year and any payment made on 1 April of that year shall be adjusted accordingly.
(4) Any amount that becomes due as a result of the recalculation, shall become due and payable on 1 August of that year.
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