40 No. 12
Tanzania Communications Regulatory Authority
2003
PART X
FINANCIAL PROVISIONS
49.- (1) The funds and sources of the Authority shall consist of (a) fees collected by the Authority including fees payable for the
grant and renewal of licences;
(b) levies collected from regulated suppliers;
(c) all the payments or property due to the Authority in respect of
any matter incidental to its functions; and
(d) any grants, donations, bequests or other contributions made to
the Authority.
Funds of
the
Authority
(2) The Authority shall by rules made under section 47 require
regulated suppliers to pay annual levies to the Authority calculated as a
percentage of the revenues of regulated suppliers from the supply of
regulated goods and services.
(3) An annual levy payable under subsection (2) shall not exceed 1.5
percent of the gross operating revenue of regulated supplier from the
supply of regulated goods and services.
(4) The percentage of an annual levy payable under subsection (2)
may differ as between different regulated sectors but may not be different
within the same regulated sector.
(5) The Authority shall by rules published in the Gazette made under
section 47 and Public Register prescribe licence fees and other fees to
be paid by persons in connection with the procedures of the Authority.
(6) The Authority shall disclose details of the sources of its funds in
the Annual Report.
(7) The Authority shall not accept any grant or donation from a
regulated supplier.
50. - (1) As soon as may be reasonably practical after the end of each
financial year, the Authority shall deposit to a special account all
surplus funds of the Authority.
Surplus
funds