[Section 11 heading substituted by section 10(a) of Notice No. 17, GG 42170, dated 17 January 2019]
[Section 11(1) substituted by section 10(b) of Notice No. 17, GG 42170, dated 17 January 2019]
| (2) |
After the National Assembly passed a revenue Bill, the Bill must be referred to the National Council of Provinces, and referred to the committee on finance of the National Council of Provinces. |
[Section 11(2) substituted by section 10(c) of Notice No. 17, GG 42170, dated 17 January 2019]
| (3) |
In amending revenue Bills and revenue proposals Parliament and its committees must— |
| (a) |
ensure that the total amount of revenue raised is consistent with the approved fiscal framework and the Division of Revenue Bill; |
| (b) |
take into account the principles of equity, efficiency, certainty and ease of collection; |
| (c) |
consider the impact of the proposed change on the composition of tax revenue with reference to the balance between direct and indirect taxes; |
| (d) |
consider regional and international tax trends; and |
| (e) |
consider the impact on development, investment, employment and economic growth. |
| (a) |
hold public hearings on the revenue Bills; |
| (b) |
consult with other committees; and |
| (c) |
report to the House in terms of subsection (6). |
[Section 11(4) substituted by section 10(d) of Notice No. 17, GG 42170, dated 17 January 2019
| (5) |
The Minister must be given at least 14 days to respond to any proposed amendment. |
| (6) |
The report submitted to the House must— |
| (b) |
include comments from the Minister on any proposed amendments. |
Implementation of Geneva Conventions Act, 2012
