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Telecommunications Act 2001

Commission review of industry dispute resolution schemes

Schedule 3B: Annual telecommunications development levy

You could also call this:

"A yearly fee to help develop New Zealand's telecommunications"

Illustration for Telecommunications Act 2001

The Annual telecommunications development levy is a schedule in the Telecommunications Act 2001. You can find more information about this act in sections 85 and 92. The levy is a fee that must be paid each year. From 2010 to 2019, the fee was $50 million per year, except for 2019/20 when it was $10 million. For 2020/21 and later years, the fee is adjusted for inflation using a formula that takes into account the Consumer Price Index (CPI). You can calculate the fee using the CPI index numbers from the last two years and the levy from the previous year.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3874996.

Topics:
Money and consumer rights > TaxesBusiness > Industry rules
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Schedule 3A: Undertakings, or

"Promises telecommunications companies make to follow rules and supply services fairly"

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Schedule 3C: Dispute resolution scheme, or

"A plan to help resolve disagreements about telecommunications installations fairly and quickly."

3BAnnual telecommunications development levy Empowered by ss 85, 92

The following table is small in size and has 2 columns. Column 1 is headed Financial year. Column 2 is headed Telecommunications development levy ($).
Financial year Telecommunications development levy
($)
2010/11 50 million
2011/12 50 million
2012/13 50 million
2013/14 50 million
2014/15 50 million
2015/16 50 million
2016/17 50 million
2017/18 50 million
2018/19 50 million
2019/20 10 million
2020/21 and each subsequent financial year the inflation-adjusted specified telecommunications development levy
The inflation-adjusted specified telecommunications development levy must be calculated in accordance with the following formula:

Where:

  • a a

    is the CPI index number for the last quarter of the financial year preceding the relevant financial year

  • b b

    is the CPI index number for the last quarter of the financial year that is 1 year before the financial year preceding the relevant financial year

  • c c

    is the telecommunications development levy for the financial year preceding the relevant financial year.

Notes
  • Schedule 3B table: amended, on , by section 4 of the Telecommunications (Development Levy) Amendment Act 2015 (2015 No 54).