| (1) |
In terms of sections 5, 6, 10 and 12 of the principal Act, the municipalities listed in Column "A" of the Annexure to these Regulations are hereby authorised to impose the municipal tax identified in Column "B" of the Annexure to these Regulations, subject to the conditions set out in the indicated columns in the Annexure to these Regulations: |
| (a) |
The date from which the municipal tax may be imposed, as specified in Column "C"; |
| (b) |
The collecting agent for the municipal tax, as specified in Column "D"; |
| (c) |
The tax base on which the municipal tax will be imposed, including— |
| (i) |
where the tax is not a specific purpose tax or a tax levied on the same tax base as that of national taxes— |
| (aa) |
the rate expressed as a ratio, a percentage of the municipal tax base or a Rand value at which a municipality may impose that tax, as specified in Column "E"; |
| (bb) |
the banks or ranges within which that municipal tax may be imposed, as specified in Column "F"; |
| (ii) |
Any exclusions from the tax base, as specified in Column "G"; and |
| (iii) |
The basis upon and the intervals at which the rates may be increased, as specified in Column "H"; |
| (d) |
Any limitation on the period during which the municipal tax may be imposed, as specified in Column "I"; and |
| (e) |
In respect of a specific purpose tax— |
| (i) |
the purpose for which revenue derived from the collection of the municipal tax may be utilised; and |
| (ii) |
any specified percentage of the revenue derived from the collection of the specific purpose tax that must be utilised for a specific purpose, |
as specified in Column "J".
Stamp Duties Act, 1968 (Act 77 of 1968)
