Document ID: chunk:federal_register_of_legislation:C2015A00038:clause:1_45
Version: federal_register_of_legislation:C2015A00038
Segment Type: clause
Provision Reference: sch 1 cl 45
Character Range: 67044–68680

45  Eligible revenue

General rule
 (1) For the purposes of this Act, eligible revenue of a person for an eligible revenue period (other than the first eligible revenue period) is the amount ascertained in accordance with a written determination made by the ACMA for the purposes of this subsection.
 (2) Subsection (1) has effect subject to subsection (3).
 (3) The eligible revenue of a participating person for an eligible revenue period (other than the first eligible revenue period):
 (a) is taken to be zero if the person's eligible revenue is less than the amount (the threshold amount) determined in writing by the Minister for the purposes of this subsection; or
 (b) in any other case—must be reduced by the threshold amount.
 (4) To avoid doubt, a determination under subsection (1) may, in providing how to work out the eligible revenue of a person, refer to revenue of other persons.
 (5) A determination under subsection (1) must not provide that:
 (a) an amount payable under a contract entered into under section 14; or
 (b) a grant under section 14;
is included in a person's eligible revenue.
 (6) A determination under subsection (1) or (3) is a legislative instrument.

First eligible revenue period
 (7) For the purposes of this Act, eligible revenue of a person for the first eligible revenue period is the person's eligible revenue (within the meaning of the repealed Telecommunications Universal Service Management Agency Act 2012) for the eligible revenue period (within the meaning of that Act) that began on 1 July 2013.
Note: The first eligible revenue period is the 2013‑14 financial year (see section 5).