Income Tax Act, 1962 (Act No. 58 of 1962)
Regulations in terms of section 12T(8) of the Income Tax Act, 1962, on the requirements for Tax Free Investment
Part IX : Compliance with regulations
17. Product provider must possess operational and management capabilities
[Regulation 17 heading substituted by regulation 12 of Notice No. R. 309, GG 40758, dated 31 March 2017]
A product provider must at all time possess the necessary operational management capabilities to administer a tax free investment in accordance with these Regulations.
[Regulation 17 substituted by regulation 12 of Notice No. R. 309, GG 40758, dated 31 March 2017]