(b) collaborate with the Secretariat in the
collection of the project assessments and
loan repayments;
(c) estimate the amount needed annually to
sustain the rate of network expansion
determined by the Authority as appropriate
to meet Universal Service Policy objectives;
(d) determine the amount of annual revenue
required to ensure that the Fund remains
fiscally sound, and to calculate the
corresponding rate of assessment;
(e) disburse funds to eligible entities based
upon approval by the Fund Board;
(f) invest Fund cash reserves under directions
from the Board and to establish cash
management
procedures
to
ensure
maximum return on investments while
meeting short-term cash requirements for
disbursements;
(g) regularly report on financial performance of
the Fund to the Fund Board; and,
(h) evaluate the effectiveness of the Fund in
meeting policy goals as set by Government
and the Fund Board.
(4) The Fund Manager shall report on a quarterly
basis to the Fund Board and the Secretariat on the
status of the Fund including a report detailing the
financial situation and performance of the Fund.
PART XI - PROVISIONS CONCERNING
INTERESTS AND RIGHTS OF END USERS
Principles
THE
121. (1) The provisions of this Part shall not be
derogated from to the detriment of the consumer.
(2) Where users are not consumers, the provisions
shall only apply to the relevant parts of any
agreement and only if the contrary has not been
agreed.
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