Commonwealth legislation

Telecommunications (Carrier Licence Charges) Act 1997 - Determination under section 15(1)(b) No. 1 of 2011

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

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This document sets the total amount that telecommunications companies (such as Telstra, Optus, and TPG) must collectively pay to fund the ACCC's regulation of the industry for the 2010-11 financial year.

What it does:

Fixes the total regulatory cost at $12,947,022 (about $12.9 million)
This money reimburses the government for the ACCC's work overseeing competition, setting wholesale prices, and enforcing consumer protection rules in the telecom sector

Who it affects:

Telecommunications carriers — companies that own physical network infrastructure (phone towers, fibre cables, etc.) and hold a carrier licence
Individual carriers pay a share of this total based on their market size (larger companies pay more)

Why it matters: Under the Telecommunications (Carrier Licence Charges) Act 1997, carriers must pay annual charges to cover the costs of their own regulation. This determination sets the overall "pie" of costs that gets sliced up among carriers each year.

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Current sections

Direct links to the current provisions in Telecommunications (Carrier Licence Charges) Act 1997 - Determination under section 15(1)(b) No. 1 of 2011.

Telecommunications (Carrier Licence Charges) Act 1997 - Determination under section 15(1)(b) No. 1 of 2011

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AUSTRALIAN COMPETITION & CONSUMER COMMISSION

Telecommunications (Carrier Licence Charges) Act 1997

DETERMINATION UNDER SECTION 15(1)(b) No. 1 of 2011

The AUSTRALIAN COMPETITION & CONSUMER COMMISSION (ACCC) makes this determination under section 15(1)(b) of the Telecommunications (Carrier Licence Charges) Act 1997 and determines that the proportion of the ACCC’s costs for the 2010-11 financial year that is attributable to the ACCC’s telecommunications functions and powers is $12,947,022.

Dated this 21 day of December 2011

……………………………

Rodney Graham Sims

Chairman

Australian Competition & Consumer Commission

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.