Financial forecast report

[10 April 2017] ICASA has published a notice in the Government Gazette on 7 April 2017 noting that certain licensees are required to submit an annual forecast of licence fees using the format in Schedule 3(1), on or before 30 April 2017. ICASA requires that each licensee with a financial year ending in October, November, December, January, February and March submit an annual forecast of licence fees and the Universal Service and Access Fund (USAF) contribution.

In addition, these licensees must also submit a trial balance; detailed management accounts and reconciliations between the trial balance, management accounts and a calculation of the forecast of the licence fees and USAF contribution.

Where a licensee is no longer operational it must submit a letter to ICASA indicating it has not commenced operations.

Form for financial forecast submission

ICASA Notice on Licence Fee Forecasts (April 2017)

Every Broadcasting service and ECS/ECNS licensee must submit on or before 30 April 2017, the information referred to in this notice as follows:

Broadcasting:

ATTENTION: Ms Fikile Hlongwane

Email: FHiongwane@icasa.org.za

ECS/ECNS:

ATTENTION: Mr Moyeni Nkosinkulu

Email: Ecsecns.compliance@icasa.org.za

Any licensee, who fail to submit the requisite information by the deadline referred to above, will be deemed non-compliant and liable to appear before the Compliance and Complaints Committee (“CCC”) of the Authority, for adjudication. A possible fine may be imposed as penalty, if found guilty of non-compliance.

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[21 April 2015] ICASA  published a notice in the Government Gazette on 20 April 2015 noting that certain licensees are required to submit an annual forecast of licence fees using the format in Schedule 3(1), on or before the end of April every year. ICASA requires that each licensee with a financial year ending in October, November, December, January, February and March submit an annual forecast of licence fees and the Universal Service and Access Fund (USAF) contribution.

In addition, these licensees must also submit a trial balance; detailed management accounts and reconciliations between the trial balance, management accounts and a calculation of the forecast of the licence fees and USAF contribution.

Where a licensee is no longer operational it must submit a letter to ICASA indicating it has not commenced operations.

Form for financial forecast submission

ICASA Notice on Licence Fee Forecasts (April 2015)

Every Broadcasting service and ECS/ECNS licensee must submit on or before 30 April 2015, the information referred to in this notice as follows:

ATTENTION: Mr Godfree Maulana

Email: Ecsecns.compliance@icasa.org.za

Any licensee, who fail to submit the requisite information by the deadline referred to above, will be deemed non-compliant and liable to appear before the Compliance and Complaints Committee (“CCC”) of the Authority, for adjudication. A possible fine may be imposed as penalty, if found guilty of non-compliance.

2017-04-10T10:15:29+00:00Apr 10th, 2017|compliance, ICASA, snippets|