Document ID: chunk:federal_register_of_legislation:C2004A00735:clause:1_21
Version: federal_register_of_legislation:C2004A00735
Segment Type: clause
Provision Reference: sch 1 cl 21
Character Range: 141895–143042

21  Universal Service Account

 (1) The Universal Service Account that was, immediately before the commencement of this section, in existence because of section 82 of the unamended Act continues in existence under and subject to the provisions of this Act.

 (2) The Universal Service Account is a Special Account within the meaning of the FMA Act.

 (3) The Universal Service Account is to be administered by:
 (a) the Department; or
 (b) the ACA, if the ACA is a prescribed Agency within the meaning of the FMA Act.

 (4) If there is a change to who is to administer the Universal Service Account in accordance with subsection (3), the Minister may determine in writing arrangements to deal with any issues of a transitional nature that may arise as a result of the change.

 (5) A copy of a determination under subsection (4) must be published in the Gazette.

 (6) In this section:

FMA Act means the Financial Management and Accountability Act 1997.

unamended Act means this Act as in force immediately before the commencement of Schedule 1 to the Telecommunications (Consumer Protection and Service Standards) Amendment Act (No. 2) 2000.