Council for Medical Schemes Levies Act, 2000 (Act No. 58 of 2000)5. Levy imposition to lapse after five years |
(1) | Any imposition of a levy in terms of section 2(1)(a), lapses five years after the day on which it was introduced. |
(2) | The Minister may, at least three months but not more than 12 months before the day on which the imposition in terms of section 2(1)(a) would otherwise lapse, on the written request of the Council and with the concurrence of the Minister of Finance, in writing give the Council notice approving or disapproving a re-imposition of the levy and in the event of disapproving the re-imposition, also give reasons for the disapproval thereof. |
(3) | An assessment of the performance of the Council, as set out in section 6, must be commissioned by the Minister and be considered before approving the re-imposition contemplated in subsection (2). |