If any distributor fails to pay any sum (including, without limitation, any sum payable pursuant to any applicable tariff fee listed in section 1 and 2) on its due date for payment under this Regulation the distributor shall pay interest on such sum from the due date up to the date of actual payment (as well after as before judgment) at the rate at which mora interest is charged determined by the Minister of Justice and Correctional Services from time to time, and which currently stands at 7% per annum.

The above tariffs are subject to an annual Consumer Price Index (CPI) increase which is published in the Government Gazette plus 1% (one percent) effective from 1 April of every year. The CPI indicates the annual headline consumer inflation rate published from time to time by Statistics South Africa (STATSSA) and broadly accepted as an econimic inflation indicator. For the purposes of the Tariffs, the CPI will be calculated as the average CPI rates provided by STATSSA for the months 1 April from the preceding year to 31 March of the following year and will constitute the CPI figure to be taken into account for any CPI-linked  plus 1% (one percent) that must be implemented from 1 April of the applicable year.

[Schedule 4(7) substituted by Notice No. 4384, GG50138, dated 16 February 2024 : effective 1 April 2023]

[Schedule 4 substituted by section 3 of Notice No. 4384, GG50138, dated 16 February 2024 : effective 1 April 2023]