Statement on the Cost Accounting System of CTT - Correios de Portugal S.A. for the 1999 financial year for the purposes of point 2 of Article 19 of Law no. 102/99, of 26 of July
Considering that:
i. In October 1996, after ICP defined the general principles of CTT - Correios de Portugal, S.A.'s accounting system, this operator officially informed ICP that it had implemented a cost accounting system within the framework of the Price Agreement;
ii. ICP conducted audits of the said system for the 1999 financial year;
iii. This audit was carried out by an entity independent of CTT - Correios de Portugal, S.A.;
iv. In the context of the said audit, the cost accounting system was declared to be in compliance with the principles defined in Directive 97/67/CE of December 15, Law no. 102/99, of July 26, (Basic Law for Postal Services), Decree-Law no. 448/99, of November 4 (Bases of the Universal Postal Service Concession) and the principles defined by ICP in the framework of the Price Agreements of the Public Postal Service.
v. The norms established by ICP in relation to the Cost Accounting System encompass the rules defined in Directive 97/67/CE,
ICP declares, for the purposes of point 2 of Article 19 of Law no. 102/99, of July 26, that the results of CTT-Correios de Portugal, S.A.'s cost accounting system for the 1999 financial year were produced in accordance with the applicable legal and regulatory requirements.
See also:
- Notice of 03.08.01, published on 17 August https://www.anacom.pt/render.jsp?categoryId=214402
