Estate Duty Act, 1955 (Act No. 45 of 1955)10. Payment of interest |
| (1) | [Section 10(1) repealed by section 33(1) of the Tax Administration Laws Amendment Act, 2022 (Act No. 16 of 2022), Notice No. 1542, GG47827, dated 5 January 2023 - deemed to have come into operation on 20 January 2021 (section 33(2))] |
| (2) | Whenever the Commissioner is satisfied that the delay in the payment of duty within the period of thirty days from the date for payment prescribed in terms of section 9C, or within the period of twelve months from the date of death, as the case may be, has not been occasioned either by the executor or by any person liable for the duty, the Commissioner may allow an extension of time within which the duty may be paid without interest if, before the expiration of the said period of thirty days or the said period of twelve months, as the case may be or such further period as the Commissioner may allow— |
| (a) | a deposit on account of the duty payable is made of an amount which, in the opinion of the Commissioner, is reasonable, regard being had to the amount of the duty payable; and |
| (b) | application is made in writing to the Commissioner for such extension of time. |
[Section 10(2) substituted by section 32(1)(1)(b) of the Tax Administration Laws Amendment Act, 2022 (Act No. 16 of 2022), Notice No. 1542, GG47827, dated 5 January 2023 - deemed to have come into operation on 18 December 2017 (section 32(2))]