Marketing of Agricultural Products Act, 1996 (Act No. 47 of 1996)

Notices

Establishment of Statutory Measure and Determination of Levies on Macadamia Nuts

8. Payment of levy
Purchase cart Previous page Return to chapter overview Next page

 

(1) Payment of the levy shall be made by no later than 90 days following the last day of the month in which the macadamias contemplated in clause 5 were received.

 

(2) Any levy which is not paid on the due date therefore shall attract interest at the rate prescribed in the Prescribed Rate of Interest Act from the due date to date of final payment, both days inclusive.

 

(3) Payment shall be made by means of an electronic funds transfer and be paid into the bank account nominated by SAMAC for this purpose.