# The Telecommunications (Interconnection) Regulations 1997, Paragraph 1: Interconnection Charges and Cost Accounting Systems


Charges made by the Licensee for interconnection shall follow the principles of transparency and cost orientation and the burden of proof that charges are derived from actual costs including a reasonable rate of return on investment shall lie with the Licensee. The Licensee shall comply with any request made by the Director to provide full justification for its interconnection charges and shall comply with any adjustment required by the Director.

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Source: https://www.legislation.gov.uk/uksi/1997/2931/schedule/3/part/II/paragraph/1 (the official version)
Page: https://openlegislation.uk/telecommunications-interconnection-regulations-1997/schedule-3/part-II/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.