Special Investigating Units and Special Tribunals Act, 1996
R 385
Road Accident Fund Act, 1996 (Act No. 56 of 199616. Exemption from taxation |
| (1) |
| (a) | The Fund, its assets, property, income and its operation and transactions shall be exempt from all taxation, or the Fund shall be refunded all taxation paid by it, as the case may be. |
| (b) | The Fund shall be exempt from— |
| (i) | all customs, excise and stamp duties; and |
| (ii) | liability for payment, withholding or collecting of any tax or duty. |
| (2) | Goods which have been acquired or imported free from customs or excise duty by the Fund shall not be sold, hired out or otherwise disposed of unless authority has been obtained in advance and any necessary duties and taxes paid. |
| (3) | Notwithstanding subsection (1), the Fund shall not claim exemption from taxes which are no more than charges for public utility services. |
