Commonwealth Numbered Regulations

1996 No. 157 TELECOMMUNICATIONS (CARRIER LICENCE FEES) REGULATIONS (AMENDMENT) - REG 3

3.1 Regulation 4: Omit the regulation, substitute: Limit on annual fees -
proportion of Commonwealth's contribution to ITU budget

"4. (1) For the purposes of paragraph 6 (b) of the Act, the amount determined
for a calendar year is the product of:

   (a)  the Commonwealth's contribution to the budget of the ITU for that
        calendar year; and

   (b)  the number (rounded to 2 decimal places) obtained using the formula:
T
T + R where: 'T' is the amount of the budget of the ITU's Telecommunication
Standardization sector for that calendar year; and 'R' is the amount of the
budget of the ITU's Radiocommunication sector for that calendar year.

"(2) In this regulation, 'ITU' means the International Telecommunication
Union.".