Special Investigating Units and Special Tribunals Act, 1996
R 385
Exchange Control Amnesty and Amendment of Taxation Laws Act, 2003 (Act No. 12 of 2003)Regulations issued in terms of Section 30 of the Exchange Control Amnesty and Amendment of Taxation Laws Act, 20038. Provisions relating to deceased estates |
The provisions of section 17(1) of the Act shall apply in respect of any amount accumulated as or converted to a foreign asset as disclosed by the applicant in terms of section 6(3), which was not declared to the Commissioner in terms of the Estate Duty Act, 1955, notwithstanding the fact that the estate duty thereon could have been imposed only after the date of that accumulation or conversion.
