Income Tax Act, 1962 (Act No. 58 of 1962)Notices2009 NoticesDetermination of interest rate from 1 March 2009Notice No. 180 of 2009 |
Notice No. 180
20 February 2009
GG 31931
South African Revenue Service
By virtue of the powers vested in me by paragraph (a) of the definition of "official rate of interest" in paragraph 1 of the Seventh Schedule to the Income Tax Act, 1962 (Act No. 58 of 1962), I, Trevor Andrew Manuel, Minister of Finance, hereby fix the rate of interest contemplated in paragraph (a) of that definition at 11,5 per cent with effect from 1 March 2009.
T A Manuel
Minister of Finance