Mandating Procedures of Provinces Act, 2008
R 385
"financial year"
in relation to any company, means—
| (a) | the period, whether of 12 months or not, commencing upon the date of incorporation or creation of such company and ending upon the last day of February immediately succeeding such date or upon such other date as the Commissioner having regard to the circumstances of the case may approve; or |
| (b) | any period subsequent to the period referred to in paragraph (a), whether of 12 months or not, commencing immediately after the last day of the immediately preceding financial year of such company and ending upon the first anniversary of such last day or upon such other date as the Commissioner having regard to the circumstances of the case may approve. |
[Definition substituted by section 2(1)(a) of the Income Tax Act, 1983 (Act No. 94 of 1983)]
