Postal Services Act, 1998 (Act No. 124 of 1998)

In these regulations, words or expressions shall have the same meaning assigned to them in the Act, unless the context indicates otherwise.

"the Act"

means the Postal Services Act, 1998 (Act No. 124 of 1998);

"the Authority"

Means the Independent Communications Authority of South Africa established in terms of section 3 of the Independent Communication Authority of South Africa Act, 2000 (Act No. 13 of 2000);

''Average Unit Fees and Charges

means the total revenue raised for a postal product or service divided by the units of postal product or service supplied over the price control period;

"Business Day"

means any day other than a Saturday, Sunday or public holiday;

"Licensed Operator"

means a holder of a licence issued in terms of section 15 of the Act;

"Mail Business"

means the subset of the Licensed Operator's corporate entity that provides postal services.

"Postal Services"

means the services as contemplated in Schedules 1 and 2 of the Act;

"Price Control Period"

means the period commencing from 01 April 2012 and ending on 31 March 2015 or such period as may be determined by the Authority;

"Price Control Year"

means the twelve (12) month period during which the approved fees and charges shall be in force and which shall commence on 01 April every year for the duration of the price control period.