Vol. 408, No. 20162, 4 June 1999
Regulation Gazette, No. 6562
GOVERNMENT NOTICE
Issued by the
Minister for Posts, Telecommunications and Broadcasting
Please take note that Regulations R. 674 and R. 675 published in Government Gazette number 20111 dated 22 May 1999 is hereby withdrawn and replaced with the following Regulations. (R. 729 and R. 730)
JAY NAIDOO
MINISTER
No. R. 729
DEPARTMENT OF COMMUNICATIONS
REGULATIONS RELATING TO THE CONTRIBUTIONS TO THE UNIVERSAL SERVICE FUND AND THE APPORTIONMENT THEREOF
The South African Telecommunications Regulatory Authority has, under section 96 read with section 67 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
Definitions
SCHEDULE
Contributions payable by licence holders to the Universal Service Fund
A holder of a telecommunications licence issued or deemed to have been issued under section 36, 37 or 42 of the Act, shall contribute 016% 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 R1500 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 R1000 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.
Total limits of contribution in terms of these regulations shall be subject to any policy direction that the Minister has made or may make in terms section 5(4)(a) of the Act.
Formula for the apportionment for monies in the Fund
In terms of section 66(2) of the Act the money in the Fund is apportioned for the separate purposes of sections 66(1) (a) and (b) to the value of 99% and 1% respectively.
Commencement
These regulations shall come into operation upon publication.