Supreme Court Act, 1959
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Regulations2011 RegulationsRegulations on reporting by municipalities in terms of section 13quat(9) of the Income Tax Act, 19623. Reporting requirements in respect of regeneration of urban development zones |
A municipality must, in respect of each financial year of that municipality supply the Commissioner and the Minister with the following information regarding—
| (a) | the significant fiscal measures that have been implemented by that municipality as contemplated in section 13quat(6)(e) to support the regeneration of each urban development zone within that municipality, including— |
| (i) | the appropriation of significant funds for developing the area in the annual budget of the municipality; and |
| (ii) | other fiscal measures for such development; and |
| (b) | any non-monetary measures implemented to stimulate the regeneration of each urban development zone within that municipality. |
