PT's Cost Accounting System
Statement of Compliance
By determination of August 26 1999 and following an audit of Portugal Telecom's cost accounting system's of the 1997 financial year results, Portugal Telecom, S.A.'s cost accounting system for leased lines service was declared to be in compliance with the obligations laid down in Article 10(2) of Directive 92/44/EC, with the wording given by Paragraph b) of Article 2(10) of Directive 97/51/EC, and Article 29 of the Regulations for the Exploitation of Public Telecommunications Networks (Decree-Law no. 290-A/99, of July 30).
