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Income Tax Act, 1962 (Act 58 of 1962)

Regulations in terms of section 12L of the Income Tax Act, 1962, on the allowance for energy efficiency savings

4. Content of certificate

 

 

 

The certificate issued by SANEDI as contemplated in regulation 3(2) must contain—

(a) the baseline at the beginning of the year of assessment for which the allowance is claimed, derived and adjusted in accordance with regulation 5 and determined in accordance with the standard;
(b) the reporting period energy use at the end of the year of assessment for which the allowance is claimed, determined in accordance with the standard;
(c)
(i) the annual energy efficiency savings expressed in kilowatt hours or the equivalent of kilowatt hours for the year of assessment for which the allowance is claimed, determined in accordance with the standard; and
(ii) in case of a captive power plant, the difference between the kilowatt hours equivalent of energy input and the kilowatt hours equivalent of energy output during the year of assessment in accordance with the standard;
(d) the initials and surname of the measurement and verification professional who compiled the report;
(e) the name and accreditation number of the measurement and verification body under whose auspices the measurement and verification professional compiled the report;
(f) the name and tax registration number of the person to whom the certificate is issued;
(g) the date on which the certificate is issued; and
(h) the certificate number.