346
Accounting procedure
45.
The Authority shall prescribe reasonable accounting procedures for the costs
of operations which procedures shall be followed and implemented by all
public telecommunication service providers.
Reporting requirements
46.
(1)
Any person who provides public telecommunication service shall file with
the Authority, his annual reports, any occasional reports that he may issue
from time to time, and such other reports as the Authority may require.
(2)
The Authority may require all or any class of telecommunication service
providers in filing annual and occasional reports to include in such reports
the amount of capital stock issued, the amount and privileges of each
class of stock, the amounts paid thereof and the manner of payment for
the same, dividents paid, any surplus capital, debts of the company and
interest payable thereon, the names and addresses of the holders of stock
which is one percent or above, the names and addresses of directors and
officers and salaries and compensation paid to each, the earnings and
expenses from all sources and complete financial statements of the financial
operations of such public telecommunication service providers.
(3)
The Authority may require every public telecommunication service
provider, including unlicensed providers of delisted services, to file with the
Authority copies of all contracts, agreements and other arrangements
entered into with other public or private telecommunication service
providers or any other persons including resellers.
4)
Except for agreements covered by section 34, any person who fails to
file any document required to be filed with the Authority in terms of this
section commits an offence and on conviction shall be liable to a fine not
less than M6000 or to imprisonment for a period not less than 6
months.
(5)
In any submission of filing with the Authority, a person may designate:
(a
any trade secret;
(b) financial, commercial, scientific or technical information or;
(6)
(7)
(c) any other business information,
as confidential:
Provided that it is or has been treated, consistently, as confidential by the
person who submits or files it.
The Authority may make Rules for the submission and handling of the
confidential business information referred to in subsection (5).
A member, employee or agent of the Authority who discloses the contents
of any document submitted to the Authority in terms of the provisions