Global Minimum Tax Act, 2024 (Act No. 46 of 2024)Part VI : General provisions23. Amendments of international standards |
| (1) | The Minister may by notice in the Gazette specify that any document released by the Inclusive Framework as contemplated in the definitions of Administrative Guidance to the GloBE Model Rules, Commentary to the GloBE Model Rules, Global Anti-Base Erosion Model Rules or Safe Harbour will apply for purposes of this Act, subject to such changes as may be specified by the Minister. |
| (2) | Any notice under this section in any calendar year shall, unless Parliament otherwise provides, lapse on the last day of the next calendar year, but without detracting from the validity of such notice before it has so lapsed. |