6. Annex to the Financial Statements at 31 December 2003


/ Updated on 03.11.2004

General considerations

Introductory note

The ICP-Autoridade Nacional de Comunicações (ICP-ANACOM), headquartered at Av. José Malhoa no. 12, was established by Decree-Law no. 309/2001 of 7 December. As a corporate body under public law it is endowed with administrative and financial autonomy as well as its own assets. Its role is to assist the Government in areas of co-ordination, supervision and planning of the communications sector, and to regulate, supervise and represent that sector in accordance with its statutes, with its action falling under the tutelage of the Minister of the Economy. 

Although ICP-ANACOM has adopted the current designation, it nevertheless maintains all the legal and contractual rights and obligations inherent to the respective legal area of the ICP-Instituto das Comunicações de Portugal established by Decree-Law no. 188/81 of 2 July.

The changes to the institutional and organic framework of ICP-ANACOM aimed to transform the previous entity into a true regulatory and supervisory body for the communications sector, with enhanced powers and procedures of authority.

ICP-ANACOM?s legal framework was adjusted to fit its mission and attributions; it is a mixed regime that joins the prerogatives of public law indispensable for its duties as an authority to the flexibility and efficiency of private law, given that its action is focused on a sector undergoing constant change. 

The following notes are numbered according to the requirements set out in the Official Accounting Plan. Those whose numbers do not appear below either are not applicable to ICP-ANACOM or are not relevant for reading the attached financial statements.