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

The rate of tax on taxable income attributable to oil and gas income of any oil and gas company must not exceed 28 cents on each rand of taxable income.

[Paragraph 2 of the Tenth Schedule substituted by section 155 of the Taxation Laws Amendment Act, 2013 (Act No. 31 of 2013), GG 37158, dated 12 December 2013]