Diamond Export Levy Act, 2007 (Act No. 15 of 2007)

Part IV : Producer and diamond beneficiator relief measures

Purchase

(1)	During any assessment period the Minister of Finance may reduce the import credit described in section 4 and the exemptions described in sections 7, 8 and 10 by a prescribed percentage.

(2)	Any percentage reduction described in subsection (1) must—

(a)	equally and simultaneously apply to the import credit and exemptions described in that subsection; and

(b)	affect producers and diamond beneficiators equally and simultaneously.