Act 769 National Communications Authority Act, 2008 advise the Minister on (i) matters related to the communications industry within the country and globally, and (iii) policies including incentives that may encourage investment and innovation in the communications industry in the country; and (y) perform any other function assigned to it under this Act or any other enactment or that is ancillary to the object of the Authority. Powers of the Authority 4. The Authority may exercise the following powers: (a) enter into a contract for the supply of goods and services; (b) invest the funds of the Authority that are not immediately required for the performance of its functions and ensure the judicious use of the funds; (c) publish information that is relevant to its functions and activities in a manner that it considers appropriate; (d) promote and where necessary fund the training of persons for the communications industry; (e) undertake research and development work related to its functions; and (f) promote research and the development by other persons of the communications industry. Regulatory and best practice of the Authority 5. The Authority shall in the performance of its functions have regard to (a) the principles of transparency, accountability, proportionality and consistency; (b) best regulatory practice; (c) the protection of the interests of consumers or users of communications networks or communications services and in particular to the interests of consumers' choice, quality of service and value for money; (d) the impact on the environment of the activities undertaken by telecommunications service providers and telecommunications network providers; (e) the promotion of competition in the provision of communications services; (f) the various demands, interests and uses of the electromagnetic spectrum; (x) 6