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R 385.00
Income Tax Act, 1962 (Act No. 58 of 1962)Special Measures relating to Sharing of General Fuel Levy Revenue3. Allocation to which metropolitan municipality is entitled |
(1) |
(a) | The percentage contemplated in paragraph 2 is fixed at 23 per cent. |
(b) | The Minister may annually revise the percentage specified in item (a) and must publish the revised percentage by notice in the Gazette. |
(2) |
(a) | The Minister must for each financial year determine an equitable allocation to be made to each metropolitan municipality from the amount contemplated in paragraph 2. |
(b) | The Minister must publish the allocation contemplated in item (a) by notice in the Gazette. |