Regulation 6 Provider of a regulated service
This regulation applies for the purposes of determining the qualifying worldwide revenue of a providerf1 of a regulated service in respect of a qualifying period (where the provider provides no other regulated services).
The provider’s qualifying worldwide revenue is the total amount of revenue the provider receives during the qualifying period that is referable to the regulated service.
Annotations
Footnotes
- f1
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The term “provider”, in respect of an internet service such as a user-to-user service or a search service, is defined in section 226 of the Act. See also section 83(11) of the Act which contains further provision about the meaning of a “provider” of a regulated service for the purposes of Part 6 of the Act.
Notes on Part 2
Footnotes
- f1
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When determining the maximum amount of a penalty under paragraph 4 of Schedule 13 to the Act, regulations 6 to 8 apply by virtue of paragraph 4(9) of that Schedule. In such a case, the qualifying worldwide revenue of a provider of a regulated service is required to be by reference to an accounting period. “Accounting period” is defined in paragraph 4(8) of Schedule 13 to the Act.