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Electronic Communications Act, 2005 (Act No. 36 of 2005)

Regulations

ICASA General Licence Fees Regulations, 2012

Schedules

Schedule 3: Payments in respect of licence fees

 

Schedule 3

Payments in respect of licence fees

 

(1) Format for submission of financial statement for the purpose of licence fees calculation

 

Company Name

Financial Year End

Financial Year

Auditing Firm / Partner

Accounting Officer
Name: Signature:

 

Total Revenue Generated

R '000

As per AFS

Total Non-Licensed Revenue

R '000

 

Total Licensed Revenue

R '000

 

 

Revenue from Licensed services (see examples below)

R '000

1.        Voice

x xxx

 

2.        Data

xx xxx

 

3.        Roaming

xx xxx

 

4.        Interconnection

xx xxx

 

5.        Other licensed services

x xxx

 

Total Revenue from Licensed services

 

xxx xxx

 

I, .................................................................................. , in my capacity as an Accounting Officer hereby verify that the information provided is true and correct.

 

 

Signature ............................................   Designation .............................  Date ...............

 

 

SUBMISSION OF FINANCIAL STATEMENTS

 

(2) All licence holders must submit within six (6) months of their financial year end:
(a) audited Annual Financial Statements, or;
(b) financial statements signed by the accounting officer of the licensee where the licensee is not legally obliged to provide audited financial statements.

 

(3) Licensees with financial year ending October, November, December, January, February and March must submit annual forecast of licence fees for the year under review at the end of April of every year using the format in schedule 3(1).

 

(4) Community Broadcasters must submit the following within six (6) months of their financial year end:
(a) annual financial statements signed off by the accounting officer; and
(b) provide a list of all donors and amounts donated and details of all financial and non-monetary donations.

 

PAYMENT OF ANNUAL LICENCE FEES

 

(5) Where a legal entity holds any combination of a BS Licence, ECS Licence and/or ECNS Licence, such entity must calculate the licence fee based on information contained:
(a) on the audited Annual financial Statements of that Licensed Entity; or
(b) Annual Financial Statements signed to by the accounting officer of the licensee where the licensee is not legally obliged to provide audited Annual Financial Statements;

 

(6) All payments in respect of Annual Licence Fees are due annually.

 

(7) Annual Payments
(a) are due annually based on the licensee's financial year;
(b) are due and payable within 6 months from the end of the licensee's financial year;
(c) may only be paid by way of an electronic transfer or via a direct deposit into the Authority's bank account;

 

AGREED UPON PROCEDURES

 

(8) All licensees must submit annual payment whether they have audited or unaudited annual financial statements as in schedule 3(1) of the regulations and must be submitted as an annexure to the annual financial statement and supplemented with a confirmation from the auditors regarding the accuracy of the information used to compile the information in terms of an engagement undertaken in accordance with the International Standards for Related Services 4400, Engagements to Perform Agreed-Upon Procedures Regarding Financial Information.