Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Extension of Security of Tenure Act, 1997 (Act No. 62 of 1997)Regulations2. Qualifying income |
| (1) | The prescribed amount for the purposes of paragraph (c) of the definition of "occupier" in section 1(1) of the Act shall be an income of R13 625.00 per month. |
[Regulation 2(1) substituted by section 2 of Notice 84 of 2018]
| (2) | For the purposes of subregulation (1) "income" means— |
| (a) | a person's gross monthly cash wage or salary; or |
| (b) | where a person earns money— |
| (i) | other than in the form of a monthly cash wage or salary, the average monthly amount of such person's gross earnings during the immediately preceding year; or |
| (ii) | in addition to a monthly cash wage or salary, such person's gross monthly cash wage or salary together with the average monthly amount of such person's additional gross earnings during the immediately preceding year: |
Provided that remuneration in kind shall not be taken into account.
