Document ID: chunk:federal_register_of_legislation:F2025L00162:body:0:p8
Version: federal_register_of_legislation:F2025L00162
Segment Type: other
Provision Reference: 
Character Range: 19902–22847

written report (Cost Allocation Model Report) about the extent to which the CS Service Provider's model for the internal allocation of costs referred to in paragraph 2.2.1(2)(e) ensures the matters specified in subparagraph 2.2.1(2)(e)(ii).
(2) A Cost Allocation Model Report must be:
        (a)  prepared before any change is made to the CS Service Provider's model for the internal allocation of costs referred to in paragraph 2.2.1(2)(e); and
        (b)  completed and provided to the board of the CS Service Provider as soon as reasonably practicable after it has been prepared, and in any event no later than 2 months after the completion of the report; and
        (c)  made publicly available as soon as reasonably practicable after it has been provided to the board, and in any event no later than one month after it has been provided to the board.
(3) If no Cost Allocation Model Report needs to be prepared under subrule (2) in the 12-month period from the commencement of these Rules, a CS Service Provider must arrange for a Cost Allocation Model Report to be prepared, provided to the board and made publicly available by no later than 13 months after these Rules commence.

2.4.3 Management accounts
(1) A Covered Licensee must publish management accounts in respect of its Covered Services for each financial year during which it provides Covered Services.
(2) The management accounts must:
        (a) include a description of whether the internal allocation of costs for the financial year that is reflected in the management accounts is consistent with the model for the internal allocation of costs referred to in paragraph 2.2.1(2)(e) and, if not, the extent of any inconsistency; and
        (b)  be published within 4 months after the end of the financial year; and
        (c)  be subject to an assurance review:
            (i) by an independent person with appropriate skills, knowledge, and experience; and
            (ii)  that is published together with the management accounts.

2.4.4 Policies and procedures
(1) An entity that is required to comply with these Rules must maintain documented policies and procedures that, as far as reasonably practicable, ensure compliance with these Rules.
(2) Without limiting subrule (1), a CS Service Provider must ensure that it has appropriately documented policies and procedures in place to identify and mitigate any actual or perceived conflicts between the interests of:
         1.       the CS Service Provider, or an Associated Entity; and
         2.       an Unaffiliated Entity.
(3) Without limiting subrule (1), a CS Service Provider must maintain and review, at least on an annual basis, documented policies and procedures for the handling of sensitive or confidential information that ensure, as far as reasonably practicable that commercial information provided to it by Unaffiliated Entities is:
        (a)               handled as confidential information;