Estate Duty Act, 1955 (Act No. 45 of 1955)

2. Levy of estate duty
Purchase cart Previous page Return to chapter overview Next page

 

(1)There shall be charged, levied and collected in respect of the estate of every person who dies on or after the first day of April, 1955, a duty to be known as an estate duty.

 

(2)Estate duty shall be charged upon the dutiable amount of the estate calculated in accordance with the provisions of this Act, and shall be levied at the rate set out in the First Schedule.