Implementation of Geneva Conventions Act, 2012
R 385
Exchange Control Amnesty and Amendment of Taxation Laws Act, 2003 (Act No. 12 of 2003)Chapter I : Exchange Control Amnesty and accompanying tax measuresPart G : Miscellaneous29. Reporting |
| 1) | The Chairperson of the amnesty unit must provide to – |
| a) | the Minister, a list of all applications for the exchange control relief in terms of the amnesty – |
| i) | indicating in respect of each application whether or not it was approved; |
| ii) | containing the details of the amounts of the relief granted; and |
| iii) | containing details of the amounts of levy payable in terms of Part C in respect of each such application, and |
| b) | the Minister and the Auditor-General a list of all applications for the tax relief in terms of the amnesty – |
| i) | indicating in respect of each application whether or nor it was approved; |
| ii) | containing the details of the total amount of receipts and accruals from foreign sources disclosed in terms of section 6(2)(a) and amounts disclosed in terms of section 6(3)(a); and |
| iii) | containing details of the amounts of levy payable in terms of Part D in respect of each such application; and |
| 2) | The list contemplated in subsection (1) must – |
| a) | be in a form that does not disclose the identity of any applicant or facilitator concerned; and |
| b) | be submitted at such times as may be agreed between the Chairperson and the Minister or Auditor-General, as the case may be. |
| 3) | The Minister must report to Parliament on – |
| a) | the number of applicants and facilitators, respectively, who have applied for amnesty; |
| b) | the total market value of all foreign assets which have been disclosed in terms of the amnesty; |
| c) | the total amount of all levies payable by all applicants and facilitators; and |
| d) | the total amount of receipts and accruals from foreign sources disclosed in terms of section 6(2)(a) and amounts disclosed in terms of section 6(3)(a). |
