South Africa
Mineral and Petroleum Resources Royalty (Administration) Act, 2008
Act 29 of 2008
- Published in Government Gazette 31642 on 26 November 2008
- Assented to on 21 November 2008
- Commenced on 1 May 2009
- [This is the version of this document from 26 November 2008.]
Part I – Interpretation
1. Definitions
Part II – Registration
2. Registration
3. Cancellation of registration
4. Election for unincorporated body of persons
Part III – Payments and returns
5. Payments in respect of estimated royalty
6. Submission of return and final payment
7. Form, manner and place determined by Commissioner
All registrations, returns, forms and payments required in terms of this Act or the Royalty Act must be submitted in such form, manner (including electronically) and place as determined by the Commissioner in respect of any matter necessary to administer this Act or the Royalty Act.8. Maintenance of records
Part IV – Assessments
9. Notices of assessment
10. Reduced assessments
11. Withdrawal of notice of assessment
12. Time limit for notice of assessment
Part V – Refunds, penalty and interest
13. Refunds
14. Penalty for underestimation of royalty payable
15. Adjustments of estimated royalty
16. Interest
Part VI – Miscellaneous
17. Administration of Act
18. Applicability of Income Tax Act
19. Reporting
20. Regulations
The Minister of Finance may make regulations—21. Short title and commencement
This Act is called the Mineral and Petroleum Resources Royalty (Administration) Act, 2008, and comes into operation on 1 May 2009.History of this document
01 May 2009
Commenced
26 November 2008 this version
21 November 2008
Assented to