Financial forecast report

ellipsis reg logo small[3 March 2020] ICASA has published its annual notice requiring licensees to submit their annual forecast of licence fees and USAF contributions. In addition, licensees must also submit “a trial balance; detailed management accounts and reconciliations between the trial balance, management accounts”. Licensees who are not yet operational are required to submit the specified documentation to confirm this.

The deadline for submissions is 30 April 2020, and the reports and documentation are to be sent to EcsEcns.Compliance@icasa.org.za.

ICASA Notice on Licence Fee Forecasts 2020

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[15 March 2019] ICASA has published a notice in the Government Gazette on 15 March 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 2019. 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.

ICASA Notice on Licence Fee Forecasts (April 2019)

Every Broadcasting service and ECS/ECNS licensee must submit on or before 30 April 2019, the information referred to in the above notice as follows:

Broadcasting:

ATTENTION: Ms Busi Mashigo

Email: bmashigo@icasa.org.za

ECS/ECNS:

ATTENTION: Ms Keitumetse Setshedi

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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[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.

Sourced from: Ellipsis. View the original article here.

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