Document ID: chunk:federal_register_of_legislation:F2015L00842:reg:15:p10
Version: federal_register_of_legislation:F2015L00842
Segment Type: reg
Provision Reference: reg 15 (pt 10/11)
Character Range: 49241–52226

may be deducted.

34 Net telecommunications sales revenue
  The result of deducting any amounts identified under sections 23 to 30, and 33, from the participating person's gross telecommunications revenue is the participating person's net telecommunications sales revenue for the eligible revenue period.

Part 5 — Eligible revenue

35 Purpose of Part
 (1) After the participating person has worked out the participating person's net telecommunications sales revenue for an eligible revenue period, the participating person must work out the participating person's eligible revenue for the eligible revenue period.
 (2) This Part sets out how that is done.
Note: If a participating person's net telecommunications sales revenue has been accounted for independently of any other participating persons, go to section 37.

36 Revenue accounted for on a group basis
 (1) If the net telecommunications sales revenue of 2 or more participating persons has been accounted for on a group basis, identify from the accounts that were prepared on the group basis:
          (a) how much of the net telecommunications sales revenue to which those accounts relate is the participating person's net telecommunications sales revenue; and
          (b) how much of the net telecommunications sales revenue to which those accounts relate is the net telecommunications sales revenue of the other participating person or persons to which those accounts relate.
 (2) The total of the amounts of net telecommunications sales revenue identified for each participating person under subsection (1) must equal the net telecommunications sales revenue of the group.
 (3) The ACMA may, in writing, declare that the eligible revenue of a specified participating person is to be attributed in a specified way when the revenue is being worked out by the person as a member of a group.

37 Eligible revenue
 (1) A participating person's eligible revenue for an eligible revenue period is equal to the participating person's net telecommunications sales revenue if:
          (a) in a case when section 36 applies—the amount worked out by applying section 36 to the participating person's net telecommunications sales revenue is zero or more; or
          (b) in any other case—the participating person's net telecommunications sales revenue is zero or more.
 (2) A participating person's eligible revenue for an eligible revenue period is taken to be zero if:
          (a) in a case when section 36 applies—the amount worked out by applying section 36 to the participating person's net telecommunications sales revenue is less than zero; or
          (b) in any other case—the participating person's net telecommunications sales revenue is less than zero.

Part 6 — Miscellaneous

38 Engaging with affected participating persons before making declarations
 (1) The ACMA must comply with this section before the ACMA makes a declaration under this determination.
 (2) The ACMA must give to each participating person