Taxation Laws Second Amendment Act 18 of 2009

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18 of 2009

The Taxation Laws Second Amendment Act 18 of 2009 aims:

  • to
    • provide for the allocation of payments;
    • amend the Transfer Duty Act, 1949, so as to extend a time period;
    • amend the Estate Duty Act, 1955, so as:
      • to amend a time period; and
      • to repeal a section;
    • amend the Income Tax Act, 1962, so as :
      • to insert new provisions;
      • to amend the calculation of interest;
      • to amend a definition; and
      • to effect textual and consequential amendments;
    • amend the Customs and Excise Act, 1964, so as:
      • to amend provisions empowering the withdrawal or amendment of a decision, notice or communication;
      • to amend provisions regulating the removal in bond of goods;
      • to amend provisions regulating the exportation of goods from a customs and excise warehouse;
      • to insert special provisions regarding the storage and clearance of stores, spares and equipment supplied to foreign-going ships and aircraft;
      • to insert a provision specifying circumstances in which goods free of duty may be entered under a rebate item of Schedule No. 4;
      • to amend provisions under which a penalty may be mitigated or remitted;
      • to amend provisions regulating payment of outstanding amounts and interest;
      • to insert a provision empowering the making of rules for the purposes of modernising customs administration; and
      • to effect textual and consequential amendments; 
    • amend the Value-Added Tax Act, 1991, so as:
      • to insert a definition;
      • to insert new provisions;
      • to amend the calculation of interest; and
      • to effect textual and consequential amendments;
    • amend the Skills Development Levies Act, 1999, so as:
      • to amend a definition; 
      • to insert new provisions;
      • to amend the calculation of interest; and
      • to effect textual and consequential amendments;
    • amend the Unemployment Insurance Contributions Act, 2002, so as:
      • to amend a definition;
      • to insert new provisions;
      • to amend the calculation of interest; and
      • to effect textual and consequential amendments;
    • amend the Diamond Export Levy (Administration) Act, 2007, so as:
      • to amend a time period;
      • to amend refunds;
      • to amend the calculation of interest; and
      • to effect textual and consequential amendments;
    • amend the Diamond Export Levy Act, 2007, so as to clarify an existing provision;
    • amend the Securities Transfer Tax Act, 2007, so as to extend a time period;
    • amend the Mineral and Petroleum Resources Royalty (Administration) Act, 2008, so as:
      • to amend effective dates;
      • to provide for nonbinding private opinions; and
      • to effect textual amendments,
  • and to provide for matters connected therewith.

Commencement

30 September 2009, unless otherwise indicated in the Act or by Proclamation.

Amendments