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Income Tax Act, 1962 (Act No. 58 of 1962)

Special Measures relating to Sharing of General Fuel Levy Revenue

3. Allocation to which metropolitan municipality is entitled

 

(1)
(a) The percentage contemplated in paragraph 2 is fixed at 23 per cent.
(b) The Minister may annually revise the percentage specified in item (a) and must publish the revised percentage by notice in the Gazette.

 

(2)
(a) The Minister must for each financial year determine an equitable allocation to be made to each metropolitan municipality from the amount contemplated in paragraph 2.
(b) The Minister must publish the allocation contemplated in item (a) by notice in the Gazette.