Mineral and Petroleum Resources Royalty (Administration) Act, 2008 (Act No. 29 of 2008)

Part III : Estimates, returns, payments, adjusted estimates, refunds and records

Purchase

[Section 6 heading substituted by section 37(1)(a) of the Tax Administration Laws Amendment Act, 2016 (Act No. 16 of 2016)]

(1)	[Subsection (1) deleted by section 37(1)(b) of the Tax Administration Laws Amendment Act, 2016 (Act No. 16 of 2016)]

(2)	If the amount of the royalty payable in respect of a year of assessment exceeds the sum of the payments made in terms of section 5(1) and (2) and (5A), the registered person must—

(a)	submit a return of that excess; and

(b)	pay the excess,

not later than six months after the last day of that year of assessment.

[Subsection (2) substituted by section 37(1)(c) of the Tax Administration Laws Amendment Act, 2016 (Act No. 16 of 2016)]

(3)	A registered person must submit a final return for the royalty payable in respect of a year of assessment not later than 12 months after the last day of that year of assessment.

[Subsection (3) inserted by section 37(1)(d) of the Tax Administration Laws Amendment Act, 2016 (Act No. 16 of 2016)]