Any term or expression contained in this notice to which a meaning has been assigned in a "tax Act" as defined in section 1 of the Tax Administration Act, 2011, or the intergovernmental agreement between the Republic and the United States of America to improve international tax compliance and to implement the FATCA, has the meaning so assigned, unless the context indicates otherwise, and the following terms have the following meaning:

"interest"

means —

under section 24J of the Income Tax Act;

"records"

means the recorded information in respect of all persons that the third party must submit; and

"SARS electronic filing service"

means a SARS electronic filing service as defined in paragraph 1 of the Rules on Electronic Communication published in Government Gazette No. 37940 on 25 August 2014.