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Telecommunications Act 2001

Telecommunications service obligations - TSO charges payable by the Crown - Annual procedure for determining TSO charges payable by the Crown

94D: Calculations of net cost and auditor's report must be given to Commission

You could also call this:

"Tell the Commission how much it costs to follow the rules and get it checked by an auditor"

Illustration for Telecommunications Act 2001

If you are a TSO provider, you must give the Commission some information. You have to provide calculations of the net cost to you of complying with the TSO instrument during the financial year. You also have to give the Commission a report prepared by a qualified auditor. The auditor's report must say whether your calculations comply with any prescribed requirements and any requirements of the Commission. You have to do this within 90 working days after the end of each financial year. This rule is affected by what is said in section 94C.

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94C: TSO charges deemed to be zero if TSO provider does not request TSO cost calculation determination, or

"No TSO charges if provider doesn't ask for a cost check"

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94E: Considerations for determining net cost, or

"How to work out the real cost of providing phone and internet services to people who need them"

Part 3Telecommunications service obligations
TSO charges payable by the Crown: Annual procedure for determining TSO charges payable by the Crown

94DCalculations of net cost and auditor's report must be given to Commission

  1. Not later than 90 working days after the end of each financial year, a TSO provider under a TSO instrument that does not contain a specified amount must provide to the Commission—

  2. calculations of the net cost to the TSO provider of complying with the TSO instrument during the financial year; and
    1. a report prepared by a qualified auditor that includes a statement of whether or not the calculations comply with—
      1. any prescribed requirements relating to those calculations; and
        1. any requirements of the Commission.

        2. This section is subject to section 94C.

        Notes
        • Section 94D: inserted, on , by section 15 of the Telecommunications (TSO, Broadband, and Other Matters) Amendment Act 2011 (2011 No 27).