Income Tax Act, 1962 (Act 58 of 1962)

Regulations

Purchase

A municipality must, in respect of each financial year of that municipality supply the Commissioner and the Minister with the following information—

(a)	in respect of certificates confirming that a building is located within an urban development zone within that municipality for the purposes of section 13quat(4)(a):

(i)	The name of every person to which the municipality issued such a certificate;

(ii)	the total number of such certificates issued to taxpayers by that municipality;

(iii)

the extent to which a building in respect of which such a certificate was issued is used for—

(aa)	commercial purposes;

(bb)	residential purposes;

(cc)	low-cost residential units contemplated in section 13quat(3A); or

(dd)	industrial purposes;

(b)	in respect of building plans to erect, extend, add to or improve a building or part of a building in each urban development zone within that municipality:

(i)	The number of building plans approved; and

(ii)	the estimated total cost of the erections, extensions, additions or improvements in respect of which such building plans were approved;

and

(c)

(i)	the total number of building plans approved by the municipality; and

(ii)	the estimated total cost of the erections, extensions, additions or improvements in respect of which such building plans were approved.