Income Tax Act, 1962 (Act No. 58 of 1962)RegulationsRegulations in terms of section 12L of the Income Tax Act, 1962, on the allowance for energy efficiency savings2. Procedure for claiming allowance |
A person that claims the allowance must, in respect of each year of assessment for which the allowance is claimed—
| (a) | register with SANEDI in the form and manner and at the place that SANEDI may determine; |
| (b) | appoint a measurement and verification professional to compile a report containing a computation of the energy efficiency savings in respect of that person for that year of assessment; |
| (c) | submit the report to SANEDI; and |
| (d) | obtain a certificate from SANEDI. |