Value-Added Tax Act, 1991 (Act No. 89 of 1991)

Regulations

Regulation made in terms of section 74(1) read with section 23(3)(b)(ii) of the Value-Added Tax Act, 1991 (Act No. 89 of 1991)

Registration of VAT vendors

1. Definitions

Purchase

In this regulation, unless the context indicates otherwise, any word or expression to which a meaning has been assigned in the Act, has the meaning so assigned, and the following terms have the following meaning:

"Banks Act"

means the Banks Act, 1990 (Act No. 94 of 1990);

"National Credit Act"

means the National Credit Act, 2005 (Act No. 34 of 2005)

"Tax Administration Act"

means the Tax Administration Act, 2011 (Act No. 28 of 2011); and

"the Act"

means the Value-Added Tax Act, 1991 (Act No. 89 of 1991).