Commonwealth Numbered Acts

TELECOMMUNICATIONS UNIVERSAL SERVICE MANAGEMENT AGENCY ACT 2012 (NO. 43, 2012) - SECT 93

General rule

             (1)  For the purposes of this Act, eligible revenue of a person for an eligible revenue period (other than the first eligible revenue period) is the amount ascertained in accordance with a written determination made by the ACMA for the purposes of this subsection.

             (2)  Subsection (1) has effect subject to subsection (3).

             (3)  The eligible revenue of a participating person for an eligible revenue period (other than the first eligible revenue period):

                     (a)  is taken to be zero if the person's eligible revenue is less than the amount (the threshold amount ) determined in writing by the Minister for the purposes of this subsection; or

                     (b)  in any other case--must be reduced by the threshold amount.

             (4)  To avoid doubt, a determination under subsection (1) may, in providing how to work out the eligible revenue of a person, refer to revenue of other persons.

             (5)  A determination under subsection (1) must not provide that:

                     (a)  an amount payable under a contract entered into under section 13; or

                     (b)  a grant under section 13;

is included in a person's eligible revenue.

             (6)  A determination under subsection (1) or (3) is a legislative instrument.

First eligible revenue period

             (7)  For the purposes of this Act, eligible revenue of a person for the first eligible revenue period is the amount that is assessed by the ACMA under section 20F of the Telecommunications (Consumer Protection and Service Standards) Act 1999 as the person's eligible revenue (within the meaning of that Act) for the eligible revenue period (within the meaning of that Act) that began on 1 July 2011.

Note:          The first eligible revenue period is the 2011-12 financial year (see section 4).