Call the code every 60 seconds

Hi experts,
I have a little problem and hope that You will resolve it...
There is a code:
this.onLoad = function() {
            status_txt.text += "Konektovanje..." + newline;

nc = new NetConnection();
nc.onStatus = function(info) {
      status_txt.text += "NC.onStatus> info.code: " + info.code + newline;
      if (info.code == "NetConnection.Connect.Success") {
            status_txt.text = "Konektovan na: " + this.uri + newline;

createNetStream = function(nc){
      ns = new NetStream(nc);
      ns.onStatus = function(info) {
      //      status_txt.text += "NS.onStatus> info.code: " + info.code + newline;
      mycam = Camera.get();
      mycam.setQuality(25600, 0);

            status_txt.text += "Startovan prenos" + newline;
            ns.publish(stream, "live");

The code works fine but I want to call the code again in loop every 60 seconds. Any idea how to do that?

Thanks in advance
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from flash help...

setInterval(functionReference:Function, interval:Number, [param1:Object, param2, ..., paramN]) : Number


function myFunction () {
      trace("hello world!");

intervelID = setInterval(myFunction, 60000);

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