Regulation 35. Right of Commission to recover shortfall in contribution. (COMMUNICATIONS AND MULTIMEDIA (UNIVERSAL SERVICE PROVISION) REGULATIONS 2002

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Malaysia Legislation

P.U.(A) 419/2002
COMMUNICATIONS AND MULTIMEDIA (UNIVERSAL SERVICE PROVISION) REGULATIONS 2002
PART VI - USP FUND

Regulation 35. Right of Commission to recover shortfall in contribution.

(1) If the Commission discovers that there has been a shortfall in the contribution paid by a licensee to the USP Fund, the Commission shall, as soon as possible, notify the licensee in writing of the shortfall and request the licensee to pay the shortfall.

(2) The licensee shall pay the shortfall in contribution under subregulation (1) without any interest not later than thirty days from the date of the notification by the Commission.

(3) A licensee who fails to comply with subregulation (2) commits an offence under these Regulations.