Reporting requirements

(1) Any person who provides a public telecommunication service shall file with the PUC his annual reports within three months of the close of his financial year and any occasional reports that he may issue from time. (2) The PUC may require all public telecommunication service providers, in filing annual and occasional reports, to include in such report– (a) the amount of capital stock issued; (b) the amount and privileges of each class of stock; (c) the amounts paid for each class of stock and the manner of payment for the same; (d) the dividends paid; (e) any surplus capital; 34 (f) the debts of the company and interest payable thereon; (g) the names and addresses of the holders of stock of one per cent or above; (h) the names and addresses of directors and (i) the earnings and expenses from all sources and complete statements of the operations; (j) the true cost of offering a particular service based on accepted cost methodologies as prescribed by the PUC. (3) The PUC may require any public telecommunication service provider to file with the PUC copies of any contract or agreement entered into with other public or private telecommunication service providers or any person including resellers. (4) Any person who fails to file any document required by the PUC under this section shall be guilty of an offence and liable on summary conviction to a fine not exceeding five thousand dollars. (5) For the purposes of this section, a person who submits any of the following information to the PUC may designate it as confidential– (a) information that is a trade secret; (b) financial, commercial, scientific or technical information that is confidential and that is treated consistently in a confidential manner by the person who submitted it; or 35 (c) information the disclosure of which could reasonably be expected, (i) to result in the material financial loss or gain to any person; (ii) to prejudice the competitive position of any person; or (iii) to affect contractual or negotiations of any person.