Electronic and Postal Communications (Accounting Separation)
G.N. No. 426 (contd)
PART III
MISCELLANEOUS PROVISIONS
Publication
of
Separated
Accounts
8.-(1) The Authority may require the publication of the
audited separated accounts, subject to the consideration of
commercial confidentiality.
(2) Notwithstanding the provision of sub-regulation (1), the
Authority shall consult with a licensee before publishing its
separated accounts, or any information contained within those
accounts, so as to ensure that appropriate levels of commercial
confidentiality are maintained.
Timing of
separated
accounts
9.-(1) The first set of audited separated accounts shall be
submitted to the Authority by the licensee not later than twelve
months following either the determination of a licensee holding a
dominant position in the market by the Authority or the publication
of these Regulations and supporting guidelines.
(2) After submission of the first set of audited separated
accounts referred to under sub regulation (1), the licensee shall
submit its annual audited separated accounts to the Authority within
six months after the end of each financial year.
(3) Notwithstanding the provision of sub regulations (1)
and (2), the Authority may on considering the ground given by
the licensee, extend the time for submission of the audited
separated account.
(4) Without prejudice to the preceding provisions, the
Authority may require the licensee to submit other accounting
information or clarifications it may require in order to effectively
supervise and enforce the terms of the licence.
(5) The licensee shall provide such information within a
reasonable period of time as the Authority may determine.
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