Patents Act, 1978
R 385
Customs and Excise Act, 1964 (Act No. 91 of 1964)Chapter XB : Voluntary Disclosure Relief77ZB. Requirements for valid voluntary disclosure |
Voluntary disclosure is valid and relief may be granted only if the disclosure—
| (a) | is voluntary; |
| (b) | involves an underpayment which has not occurred within five years of a previous disclosure of a similar underpayment by the applicant; |
| (c) | is full and complete in all material respects; |
| (d) | will not result in the Commissioner being obliged to pay a refund or drawback or additional refund or drawback; and |
| (e) | complies with any requirements referred to in section 77ZH. |
[Section 77ZB inserted by section 10(1) of the Tax Administration Laws Amendment Act, 2026, Notice No. 7343, GG54447,dated 1 April 2026 - comes into effect on a date to be determined by the Minister by notice in the Gazette (section 10(2))]
