Document ID: chunk:federal_register_of_legislation:F2015L00842:reg:15:p1
Version: federal_register_of_legislation:F2015L00842
Segment Type: reg
Provision Reference: reg 15 (pt 1/11)
Character Range: 23829–26854

15  Initial sales revenue
 (1) For the participating person, and each consolidated related party of the participating person (if any), work out the entity's sales revenue for the eligible revenue period using the sources mentioned in section 12.
 (2) For each declared related party of the participating person (if any):
          (a) work out the declared related party's sales revenue for the eligible revenue period using the sources mentioned in section 12; and
          (b) multiply that amount by the declared related party factor for that party.
 (3) Add the amounts worked out under subsection (2) (if any) to the amounts identified under subsection (1).
 (4) Subject to subsection (5), the result is the participating person's initial sales revenue.
 (5) The ACMA may declare, in writing, that the following is not part of the participating person's initial sales revenue:
          (a) the whole of a declared related party's sales revenue;
          (b) a specified proportion of a declared related party's sales revenue;
          (c) a proportion of a declared related party's sales revenue that is worked out in a specified way.
 (6) The declaration may relate to one or more declared related parties who are specified in the declaration.

16 Non‑telecommunications sales revenue
 (1) Deduct from the initial sales revenue any amount that:
          (a) is non‑telecommunications sales revenue of the participating person or a consolidated related party of the participating person; and
          (b) the participating person wants to deduct.
Note: For the meaning of non‑telecommunications sales revenue, see section 9.
 (2) Also deduct the result of multiplying any amount that:
          (a) is non‑telecommunications sales revenue of a declared related party of the participating person; and
          (b) the participating person wants to deduct;
by the declared related party factor for that party.
 (3) If the participating person wants to deduct an amount (a deductible amount) from the participating person's initial sales revenue under this section, the deductible amount must not be more than the total amount (if any) received by the participating person, or a consolidated related party or declared related party of the participating person, in connection with the activity that created the deductible amount.
Example: If a participating person supplies gas services at a price that includes a subsidy provided by the participating person, the amount received by the participating person for the supply is a deductible amount.

17 Other telecommunications sales revenue
 (1) Add any amount of revenue that:
          (a) is mentioned in the financial statements referred to in subsection 12(2) or, if applicable, sources mentioned in subsection 12(4); and
          (b) could reasonably be described as telecommunications sales revenue of the participating person or a consolidated related party of the participating person; and
          (c) has not been identified as initial sales revenue under