49 73 Establishment and vesting of Universal Service Fund (1) There is hereby established a fund to be known as the Universal Service Fund. (2) Subject to this Part, the Fund shall be vested in the Authority as trustee. 74 Objects of Fund The objects of the Fund shall be— (a) the standardisation of postal and telecommunication services and the maintenance of high standards of quality in the provision of such services; and (b) to make grants to local authorities or their appointed agents for the purpose of assisting needy persons to obtain access to postal and telecommunication services; and (c) to finance or assist in financing the extension of postal and telecommunication services to under-serviced areas and community centres within or outside such areas; and (d) to assist in the training of persons in the provision of postal or telecommunication services; and (e) to promote or contribute towards research and development in the field of postal and telecommunication services; and (f) to promote and contribute towards the expenses of the adaptation or facilitation of the use of telecommunication services for the benefit of disabled persons, including the provision without charge of directory information services appropriate to meet the needs of such persons; and (g) to encourage and facilitate, for the benefit of Zimbabwe, the transfer of telecommunications technology from foreign providers of such technology; in accordance with an annual implementation plan prepared by the Authority in consultation with cellular telecommunication, postal and telecommunication licensees and the appropriate successor company. 75 Moneys of Fund The Fund shall consist of— (a) such moneys as may be raised by contributions imposed in terms of section seventy-six; and (b) such moneys as may be payable to the Fund from moneys appropriated by Act of Parliament for the purpose of the Fund; and (c) such moneys as may be appropriated from the funds of the Authority in terms of section twenty; and (d) any other moneys to which the Fund may be lawfully entitled. 76 Contributions to Fund (1) Every holder of a licence shall pay the prescribed annual contribution to the Fund. (2) The dates on which contributions to the Fund become payable and the manner in which they shall be paid shall be as prescribed.

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