Income Tax Act, 1962 (Act No. 58 of 1962)Regulations2007 RegulationsRegulations issued under Section 91A, prescribing the circumstances under which the Commissioner may write-off or compromise any amount of tax, duty, levy, charge, interest, penalty or other amountNotice No. 316 of 2007 |
Notice No. 316
13 April 2007
GG 29788
South African Revenue Service
By virtue of section 91A of the Income Tax Act, 1962, I, Trevor Andrew Manuel, Minister of Finance, hereby publish the regulations set out in the Schedule hereto, prescribing the circumstances under which the Commissioner for the South African Revenue Service may write off or compromise, in whole or in part, any amount of tax, duty, levy, charge, interest, penalty or other amount payable by a person in terms of any Act administered by the Commissioner where that write-off or compromise would be to the best advantage of the State.
T A Manuel
Minister of Finance