Part 5Eligible revenue

Part 5 — Eligible revenue

37 Purpose of Part

(1) After working out the participating person’s net telecommunications sales revenue for the eligible revenue period, the next step is to work out the participating person’s eligible revenue for that period. (2) This Part sets out how eligible revenue for the eligible revenue period is worked out.

Note: If the participating person has made all of the calculations required by this determination in the participating person’s own right (rather than accounting on a group basis), go to section 39.

38 Revenue accounted for on a group basis

(1) If there has been accounting on a group basis, for the participating person and one or more other participating persons for the eligible revenue period, identify from the accounts that were prepared on the group basis: (a) how much of the net telecommunications sales revenue to which those accounts relate is the participating person’s net telecommunications sales revenue; and (b) how much of the net telecommunications sales revenue to which those accounts relate is the net telecommunications sales revenue of each other participating person within the group. (2) The total of the amounts of net telecommunications sales revenue identified for each participating person under subsection (1) must equal the net telecommunications sales revenue of the group. (3) The ACMA may declare, in writing, that the net telecommunications sales revenue of a specified participating person is to be attributed in a specified way if there has been accounting on a group basis, for the participating person and one or more other participating persons within the group.

Note: See sections 40 and 41.

39 Eligible revenue

(1) The participating person’s eligible revenue for an eligible revenue period is equal to the participating person’s net telecommunications sales revenue if: (a) in a case when section 38 applies—the amount worked out by applying section 38 to the participating person’s net telecommunications sales revenue is zero or more; or (b) in any other case—the participating person’s net telecommunications sales revenue is zero or more. (2) The participating person’s eligible revenue for an eligible revenue period is taken to be zero if: (a) in a case when section 38 applies—the amount worked out by applying section 38 to the participating person’s net telecommunications sales revenue is less than zero; or (b) in any other case—the participating person’s net telecommunications sales revenue is less than zero.