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Postal Services Act, 1998 (Act No. 124 of 1998)

Price Cap Regulations for Reserved Postal Services

5. Addition of Services

 

1) Subject to regulations 5{2) and 5(3) of these Regulations, the Licensed Operator may add a new product forming part of the reserved postal services.

 

2) A new product or service constitutes features and functionalities that are not provided in any products or services that are within the Licensed Operator's existing portfolio of products and services.

 

3) The Licensed Operator must furnish satisfactory, cost-related evidence, to support its fees and charges application for new products and services. Cost-related evidence must be reconcilable to financial statements submitted by the Licensed Operator to the Authority.

 

4) The Authority shall inform the Licensed Operator in writing of its approval or disapproval of an addition of a postal product or service contemplated in regulation 5(3) of these Regulations at least ten (10) business days before the proposed date on which such product or service will be implemented.