Provided that in case of a suspension of the tariffs the
Commission shall notify the licensee and give such licensee
twenty (20) days to respond to the intended cancellation.
Tariffs
(file and use)
96. (1) All licensees under the Act who provide
services to the public shall file with the Commission schedules
of their tariff rates including those of their agents and
correspondents.
(2) All licensees whose services are not subject to the
price cap condition shall file with the Commission changes to
existing tariffs, including the terms and conditions applicable
thereto but excluding special offers and other promotions.
(3)
All licensees, unless exempted by the
Commission, shall only charge their customers the filed tariffs
and shall further ensure that all filed tariff rates are printed and
kept open for public review and inspection and shall furnish its
customers upon request with such schedules.
(4)
In this Part unless the context
otherwise requires“price cap” means a methodology where the price
charged for a service is allowed to change by the rate of
inflation over the initial price with an adjustment factor
(X) based on factors such as technological changes,
need to finance development infrastructure and need to
adopt efficient working systems; and
“tariff-regulated services” means services offered by a licensee
which are not open to competition and whose tariffs are subject
to regulation by the Commission.
PART XII -
Annual reports.
REPORTS, INVESTIGATIONS, INSPECTIONS AND
ENFORCEMENT
97.(1) Every licensee shall, at the end of every
business year, prepare and submit to the Commission in a
prescribed form, a report of its operations and the extent to
which the conditions of the licence have been adhered to.
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