Regulations Amending the Telecommunications Fees Regulations, 2010: SOR/2023-47
Canada Gazette, Part II, Volume 157, Number 7
Registration
SOR/2023-47 March 13, 2023
TELECOMMUNICATIONS ACT
Whereas, pursuant to subsection 69(1) of the Telecommunications Act footnote a, a copy of the proposed Regulations Amending the Telecommunications Fees Regulations, 2010, in the annexed form, was published in the Canada Gazette, Part I, on February 26, 2022 and a reasonable opportunity was thereby given to interested persons to make representations to the Canadian Radio-television and Telecommunications Commission with respect to the proposed Regulations.
Therefore, the Canadian Radio-television and Telecommunications Commission, with the approval of Treasury Board and pursuant to subsection 68(1) of the Telecommunications Act footnote a, hereby makes the annexed Regulations Amending the Telecommunications Fees Regulations, 2010.
Gatineau, March 10, 2023
Claude Doucet
Secretary General of the Canadian Radio-television and Telecommunications Commission
Regulations Amending the Telecommunications Fees Regulations, 2010
Amendment
1 The definitions contribution-eligible revenues and related in section 1 of the Telecommunications Fees Regulations, 2010 footnote 1 are replaced by the following:
- contribution-eligible revenues
- means revenues calculated in accordance with the formula set out in Part A of the Appendix to the Telecom Information Bulletin CRTC 2019-396, entitled The Canadian revenue-based contribution regime, effective 1 January 2020 and published on December 4, 2019. (revenus admissibles à la contribution)
- related
- with respect to telecommunications service providers, has the same meaning as related party within the International Accounting Standard 24 in the CPA Handbook — Accounting, as amended from time to time. (apparentés)
Coming into Force
2 These Regulations come into force on the day on which they are registered.
EXPLANATORY NOTE
(This note is not part of the Regulations.)
The Regulations will change the definition of “contribution-eligible revenues” to align the telecommunications fees calculation with the calculation used for the telecommunications contribution regime, thereby streamlining annual reporting for telecommunications service providers. The Regulations will also update the definition of “related” to align with recognized accounting standards.