Maintenance Act, 1998
R 385
"average exchange rate"
in relation to a year of assessment means the average determined by using the closing spot rates at the end of daily or monthly intervals during that year of assessment, which must be consistently applied within that year of assessment;
[Definition substituted by section 3(1)(a) of the Revenue Laws Second Amendment Act, 2005 (Act No. 32 of 2005) - effective 8 November 2005]
