Telecommunications (Transitional Provisions and Consequential Amendments) Act 1997 (59 of 1997)

Schedule 4 Amendments consequential on the enactment of the Financial Management and Accountability Act 1997

Repeal the section, substitute:

(1) This subsection establishes a reserve called the Universal Service Reserve.

(2) The Universal Service Reserve is a component of the Reserved Money Fund.

(3) The Universal Service Reserve is to be administered by the Department.