100 No. 3
Electronic and Postal Communications
2010
(8) The activities of the Authority under this section,
irrespective of whether they result in the transfer of title to an asset,
are exempt from stamp duty
(9) The Authority may at any time serve on a debtor
licensee a notice in writing specifying any costs of charge and sale
with respect assets of the debtor licensee incurred by the Authority
to the date of service and requiring the debtor licensee to pay those
costs to the Authority by the date specified in the notice.
(10) For the purpose of this section “ costs of charge and
sale” with respect to assets means any expenditure incurred or to
be incurred by the Authority or an authorized agent(a) under this section with respect to creating or
releasing a charge over the assets; or
(b) under section 114 with respect to taking possession
of, holding and selling the charged assets.
Sale of
charged
assets
159.(1) The Authority shall notify the licensee of the
Authority’s intention to sell charged assets owned by the licensee.
(2) The notice issued under sub-section (1) may be
incorporated into or accompany a notice referred to in section 158
and shall be in writing, served on the debtor licensee and specify(a)
(b)
the charged assets, the Authority’s intention to sell
those assets and the proposed method and timing
of the sale; and
in the case of tangible assets that the Authority
intends to take possession of, the manner in and
the place at which the possession shall occur.
(3) The Authority(a) may take possession of tangible assets referred to in
sub-section (1) notice, whether directly or through an
authorized agent, at any time after the notice is
served;