UNIVERSAL POSTAL SERVICE ACCOUTING OBLIGATIONS - 2017 ACCOUNTING DIRECTION
Launch date:20 January 2017
Modified at:16 July 2021
The purpose of the accounting direction is to set out the USP’s accounting obligations in respect of the universal postal service and to ensure transparency on the costing and profitability of the universal postal service, set out in the
Regulatory Accounts. This provides ComReg with the information necessary for it to discharge its statutory functions under the Communications Regulation (Postal Services) Act 2011 (“2011 Act”). The accounting obligations also enable
ComReg to monitor the USP’s compliance with various other obligations under the 2011 Act, including the tariff and terminal dues requirements.