PART III - FINANCIAL PROVISIONS
Payments to
the Commission.
4.(1) The Commission may from time to time
prescribe fees payable in respect of any licence issued or service
performed under the Act or these Regulations.
(2) Every fee payable to the Commission in connection
with applications for licences, frequency spectrum
assignments, or any other matter shall be paid in full before
the licence is granted or the frequency is assigned by the
Commission.
(3) Unless otherwise prescribed by the Commission,
all licensees shall make yearly payment of the annual operating
fees due for the current year by the 1st day of July of each
calendar year, but not later than three months after the end of
the licensee's financial year.
(4) Where any licensee is required to pay fees to the
Commission on the basis of information or records in the
custody of such licensee, the licensee shall submit a
declaration to the Commission in the manner prescribed by the
Commission, attesting to the completeness and accuracy of the
information upon which such computation of fees is based.
(5) Where a licence requires that payment of a licence
or an annual operating fee be based on a percentage of a
licensee’s gross annual revenues, the base for calculating a
licensee’s gross annual revenues shall include(a)
payments from subscribers and other users; and
(b)
the amount billed including uncollected
payments from subscribers and other customer
accounts.
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