Income Tax Act, 1962 (Act No. 58 of 1962)

Notice No. 180

20 February 2009

GG 31931

South African Revenue Service

By virtue of the powers vested in me by paragraph (a) of the definition of "official rate of interest" in paragraph 1 of the Seventh Schedule to the Income Tax Act, 1962 (Act No. 58 of 1962), I, Trevor Andrew Manuel, Minister of Finance, hereby fix the rate of interest contemplated in paragraph (a) of that definition at 11,5 per cent with effect from 1 March 2009.

T A Manuel

Minister of Finance