Intellectual Property Rights from Publicly Financed Research and
R 385
Mineral and Petroleum Resources Royalty (Administration) Act, 2008 (Act No. 29 of 2008)Part III : Estimates, returns, payments, adjusted estimates, refunds and records6A. Refunds |
If in respect of a year of assessment the amount of the royalty payable by a registered person is less than the sum of the payments made by that registered person in terms of sections 5, 5A and 6, the excess must be refunded by the Commissioner to the registered person under Chapter 13 of the Tax Administration Act.
[Section 6A inserted by section 38 of the Tax Administration Laws Amendment Act, 2016 (Act No. 16 of 2016)]
