| 1) | The payment of all fees, additional fees and other moneys payable to the Registrar in terms of the Act, these regulations or in relation to any form prescribed in these regulations. must be effected - |
| a) | by affixing revenue stamps to any document concerned which stamps may only be cancelled by the Registrar; |
| b) | by impressing a stamp on any document concerned by means of a die approved by the Commissioner of Inland Revenue; or |
| c) | in such other manner, including such electronic form of payment as the Registrar may direct: |
Provided that the Registrar may abolish payment in terms of paragraphs (a) and (b) and, from time to time, direct other manners of payment or of electronic payment of such fees and moneys in respect of different provisions of the Act and these regulations.
| 2) | Proof of payment of such fees, additional fees or other moneys shall for as long as such payment is allowed in the manner prescribed in paragraphs (a) and (b) of sub-regulation (1), be affixed to the relevant form or document by means of adhesive paste or glue spread over the entire surface of the reverse side of the acknowledgement of receipt form. |
In the case of such payment having been made in any other manner contemplated in paragraph (c) of sub-regulation (1), proof of such payment shall be furnished in accordance with the Registrar’s requirements for such payment or, if such payment is electronically effected throuqh the CIPRO svstem, in accordance with the operational requirements.
| 3) | The date of payment of fees, additional fees or other moneys referred to in sub-regulation (1), shall be the date, as the case may be- |
| a) | [Paragraph (a) deleted by the Amendment of the Companies Administrative Regulations, 1973 according to Government Notice No. R.1712 dated 18 November 2003] |
| b) | upon which revenue stamps referred to in paragraph (a) of that sub-regulation, are cancelled in accordance with the provisions of that paragraph; |
| c) | impressed by means of a date stamp of the Registrar, on a document upon which has been impressed a stamp referred to in paragraph (b) of that sub-regulation; or |
| cA) | on which a payment was made in a manner contemplated in paragraph (c) of section 10 of the Act or paragraph (c) of and the proviso to sub-regulation (1); or |
| d) | as indicated on the electronic billing system when the electronic transaction performed by an agent on the billing system was performed. |
