Funds for liabilities under the Electronic Communications Code

Copyright © 2025 LexisNexis
Produced in partnership with Purvi Parekh of Anakiya Consulting
Practice notes

Funds for liabilities under the Electronic Communications Code

Copyright © 2025 LexisNexis

Produced in partnership with Purvi Parekh of Anakiya Consulting

Practice notes
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The Digital Economy Act 2017 (DEA 2017)

Section 4 and Schedule 1 to the Digital Economy Act 2017 (DEA 2017) implemented into the Communications Act 2003 (CA 2003) a revised electronic communications code which replaced the previous Code on 28 December 2017.

For guidance on the provisions of the Code, see Practice Notes: The Electronic Communications Code—code rights and The Electronic Communications Code—terminating and renewing code rights.

For guidance on the provisions of the previous Code, see Practice Note: Previous Electronic Communications Code [Archived].

This Practice Note considers the requirements under the Electronic Communications Code for electronic network providers who have been designated as ‘Code operators’ under the Code to comply with certain requirements in order to demonstrate that they have sufficient funds to meet their liabilities. These requirements are set out under the Electronic Communications Code (Conditions and Restrictions) Regulations 2003 (the Code Regulations), SI 2003/2553. The Communications Act 2003 and the Digital Economy Act 2017 (Consequential Amendments to Secondary Legislation) Regulations 2017, SI 2017/1011—which deals with consequential amendments to secondary legislation

Purvi Parekh
Purvi Parekh

Anakiya Consulting

Purvi heads up her own consultancy Anakiya Consulting, specialising on solutions in the communications sector. Previously Purvi headed up international telecoms teams at leading international law firms Olswang and DLA Piper. She works across telecoms, technology and digital work in mature and emerging markets. She has a strong focus in private and public sector procurement, outsourcing and infrastructure innovation.

Her specific digital telecoms and technology experience spans all kind of network and platform, including mobile, fixed line and satellite. She has advised on some of the most innovative projects affecting these industries market today, including network sharing (active and passive, light and deep), MVNOs, M2M, mobile payments, convergence and 4G/LTE. She works on strategic policy issues, advising at a senior level on changes on mobile strategy, infrastructure and regulatory developments, including the European wide change proposed by the digital single market and Brexit.

Purvi also specialises in outsourcing and procurement work across all industry sectors, ranging from marketing and telecoms and technology, to financial services and insurance. She has extensive experience in both private sector and public sector where she works with customers and suppliers.

Purvi is recognised for her industry expertise by all of the leading independent legal directories including Chambers and Partners, Legal 500 and "The Who’s Who of Telecoms Regulatory Lawyers". Purvi has been recognised as a SuperLawyer 2014 and 2015.

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Jurisdiction(s):
United Kingdom
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Key definition:
Liabilities definition
What does Liabilities mean?

A scheme's liabilities are its future benefit payments and expenses. The scheme is in deficit if the current value of its liabilities is more than the assets, or in surplus if the liabilities are less.

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