MyRepublic Penalised for Breaching TDL Levy Requirements

  • Jul 29, 2020 NZST
  • Team Kalkine
MyRepublic Penalised for Breaching TDL Levy Requirements

Internet service provider, MyRepublic has been penalised by the Commerce Commission for violating statutory obligations under the Telecommunications Development Levy (TDL).

MyRepublic was penalised after it failed to provide the required information by the due date and the Company only did so following persuasion by the Commission for numerous months.

In response to the latest breach, the Commission has decided to issue a civil infringement notice, carrying a fixed pecuniary penalty of $2,000.

Notably, the Company was furnished a written warning for a similar breach in 2018.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK