PT's Cost Accounting System
Statement of Compliance
By determination of 20 December 2000 and following an audit of Portugal Telecom's cost accounting system's of the 1998 financial year results, Portugal Telecom, S.A.'s cost accounting system was declared to be in compliance with the obligations contained in Article 13 of Directive 95/62/EC, Article 18 of Directive 98/10/EC, and Paragraph 3 of the Order of the Ministry of Equipment, Planning and Territorial Administration no. 15021/99 (2nd Series) and the Telecommunications Prices Convention, for the purposes of the said Order and article 34 of the Regulations for the Fixed Telephone Service (Decree-Law no. 474/99, of November 8).
