Intellectual Property Rights from Publicly Financed Research and
R 385
Skills Development Levies Act, 1999 (Act No. 9 of 1999)Chapter 1 : Administration, Imposition and Recovery of Levy10. Collection Costs |
(1) | Subject to subsection (2), the Director-General must, on a monthly basis as may be agreed between by the Commissioner and the Director-General, defray the costs of collection by the Commissioner from the levies paid into the National Skills Fund. |
(2) | The total amount of collection costs referred to in subsection (1), excluding the start-up capital costs, may not exceed two per cent of the total amount of the levies calculated at the rate referred to in section 3(1)(b). |
(3) | Subject to subsection (4), a SETA or its approved body may withhold from its payment to the National Skills Fund in accordance of section 9(a), the cost of collection of the SETA or approved body. |
(4) | The total amount of collection costs referred to in subsection (3) may not exceed two per cent of the total amount of the levies collected. |