1. (a) To maintain approval under 3 AAC 53.310,

   1. (1) the administrator shall keep the amount allocated for universal service support in the AUSF in an account separate from other money under the control of the administrator;
   2. (2) the AUSF and the accounting practices of the administrator are subject to a yearly audit by an independent accounting firm; the AUSF and the accounting practices of the administrator are subject to a close-out audit at the end of the administrator's term;
   3. (3) the administrator shall provide the commission full access to the data collected under or prepared through the administration of the AUSF;
   4. (4) the administrator shall report quarterly to the commission on the disbursement of money from the AUSF along with any recommended changes to the universal service surcharge factor; and
   5. (5) at the request of the commission, the administrator may audit one or more public utilities required to pay the universal service surcharge and one or more public utilities that have received disbursements from the AUSF; the administrator shall establish procedures to verify universal service surcharge payments in to the AUSF and universal service support disbursed from the AUSF; the administrator may suspend or delay disbursements for universal service support to a public utility if that utility fails to adequately verify the amount of universal service support claimed.
2. (b) The commission will provide to the public a monitoring report at least once a year on the administrator's reports under this section.
3. (c) Repealed 7/1/2023.

(Eff. 1/10/99, Register 149; am 11/6/2016, Register 220; am 12/20/2018, Register 228; am 7/1/2023, Register 247; am 9/15/2023, Register 247)

Authority: AS 42.05.840