International Trade Administration Act, 2002 (Act No. 71 of 2002)

Regulations

Automotive Production and Development Programme (APDP) Regulations

Part C - Production Rebate Credit Certificates

16. Verification and modification of a PRCC
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16.1 ITAC shall have the right to verify all information relating to a PRCC application and may under such conditions as it may determine, restrict the value of a PRCC.

 

16.2 ITAC has the right to amend, suspend, adjust or withdraw any PRCCs issued or to be issued upon the discretion of ITAC and take such other action as provided for in the APDP Info Doc or as deemed fit by ITAC.