Rates and Monetary Amounts and Amendment of Revenue Laws (Administration) Act, 2016 (Act No. 14 of 2016)

2. Applications

Purchase

(1)	An application must be—

(a)	made under Part B of Chapter 16 of the Tax Administration Act; and

(b)	received by SARS on or after 1 October 2016 but by no later than 31 August 2017.

(2)	An application may not be made—

(a)	by or on behalf of a trust; or

(b)	in respect of receipts and accruals from which an asset that has been disclosed to SARS under an international tax agreement was wholly or partly derived.