Postal Services Act, 1998 (Act No. 124 of 1998)Accounting Separation Regulations for Reserved Postal Services2. Purpose of these Regulations |
| 1) | The purpose of accounting separation is to provide an analysis of information derived from financial records to reflect, as closely as possible, the performance of different segments of the business, as if they were operating as separate businesses. |
| 2) | The purpose of these regulations is to:- |
| a) | Set out a structured accounting and regulatory reporting framework for the licensed Operator; and |
| b) | Set out guidelines for the Licensed Operator in preparing Regulatory Financial Statements ("RFS"); |
| 3) | These regulations apply to the Licensed Operator. |