• [REPEALED] Tax on Retirement Funds Act, 1996 (Act No. 38 of 1996)
  • [REPEALED] Tax on Retirement Funds Act, 1996 (Act No. 38 of 1996)
  • Act
  • 1. Definitions
  • 2. Levy of tax and rate thereof
  • 3. Determination of income of fund
  • 4. Determination of taxable amount of untaxed policyholder fund
  • 5. Determination of taxable amount of retirement fund
  • 6. Payment of tax on retirement funds
  • 7. Payment of provisional tax
  • 8. Person liable for tax
  • 9. Allocation by insurer of income to retirement fund
  • 10. Notification of income allocated
  • 11. Interest on late payment of tax
  • 12. Penalty for failure to pay tax when due
  • 13. Assessment by Commissioner
  • 13A. Interest on delayed refund of overpayment
  • 14. Accrual and incurral of interest
  • 15. Discretion of Commissioner
  • 16. Applicability of Income Tax Act
  • 17. Short title
• Practice Notes
  • 1995 - Augmentation of Benefits by Approved Pension and Provident Funds
  • 1996 - Calculation of Flexible Annuity Benefits
  • 1998 - Funds for the Preservation of the Retirement Interests of Employees