Income Tax Act, 1962 (Act No. 58 of 1962)Notices2007 NoticesDetermination of interest rate from 1 March 2007Notice No. 189 of 2007 |
Notice No. 189
1 March 2007
GG 29683
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 10 per cent with effect from 1 March 2007.
T. A. Manuel
Minister of Finance