Page 242 - Juta's Indirect Tax

s 16 DIAMOND EXPORT LEVY (ADMINISTRATION) ACT 14 OF 2007 Schedule
Part VI MISCELLANEOUS (ss. 16-21)
16 Division of responsibility
17 . . .
[S. 17 amended by s. 59 (a) and (b) of Act 18 of 2009 and
repealed by s. 271 of Act 28 of 2011.]
18 Rules
The Commissioner may make rules with respect to any matter necessary to administer this Act or the Levy Act, including rules to ensure that all foreign currency translations are consistently applied.
19 Amendment of laws
The laws mentioned in the Schedule are amended to the extent set out in the third column of the Schedule.
20 Act binding on State and application of other laws
This Act will bind the State, and no provision in any other law will be construed as applying or referring to the levy unless the levy is speci cally mentioned in that provision.
21 Short title and commencement
This Act is called the Diamond Export Levy (Administration) Act, 2007, and comes into operation on a date to be xed by the Minister of Finance by proclamation in the Gazette.
(1) The Commissioner will be responsible for administering this Act and the Levy Act, in accordance with the provisions of the Tax Administration Act, together with the assistance of the Regulator as described in subsection (2).
[Sub-s. (1) substituted by s. 271 of Act 28 of 2011.]
(1A) Administrative requirements and procedures for purposes of the performance of any duty, power or obligation or the exercise of any right in terms of this Act are, to the extent not regulated in this Act, regulated by the Tax Administration Act.
[Sub-s. (1A) inserted by s. 271 of Act 28 of 2011.]
(2) The Regulator will be responsible for—
(a) the veri cation of the fair market value of any
unpolished diamond;
(b) the veri cation of the quantity and quality of any
unpolished diamonds described in paragraph (a); and
(c) the veri cation of any other information that the Commissioner and the Regulator agree will assist in
administering this Act or the Levy Act.
(3) . . .
[Sub-s. (3) deleted by s. 271 of Act 28 of 2011.]
* Actually the Diamonds Act 56 of 1986 † Actually the Diamonds Act 56 of 1986
Schedule
AMENDMENT OF LAWS (Section 19)
Part 1 [Sic]
Laws enacted by Parliament
No. and year of law
Short title
Extent of amendment or repeal
Act 56 of 1986
Act 29 of 2005*
Act 30 of 2005†
Diamonds Act, 1986
Diamonds Amendment Act, 2005
Diamonds Second Amendment Act, 2005
1 Amends section 1 by substituting the de nition of ‘unpolished diamonds’.
2 Substitutes section 60.
3 Inserts section 61A.
4 Substitutes section 64.
5 Repeals sections 62, 63, 66, 68, 93 and 95 (h).
6 Substitutes the heading to section 65.
7 Inserts section 65A.
8 Substitutes section 67.
9 Inserts section 69B.
1 Amends section 61 by inserting subsection (2A).
2 Repeals sections 66 and 68.
3 Amends section 69 by adding subsection (3).
Inserts section 74A.
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Juta’s IndIrect tax 2016