86Purposes of the Account

86 Purposes of the Account

The purposes of Telecommunications Universal Service Special Account are as follows: (a) to pay amounts payable by the Commonwealth under a contract entered into under section 13; (b) to make grants under section 13; (c) to pay the administrative costs of TUSMA; (d) to make distributions in accordance with section 87; (e) to pay refunds under section 111.

Note: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).