| (1) | Tax must be paid by the day and at the place notified by SARS, the Commissioner by public notice or as specified in a tax Act, and must be paid as a single amount or in terms of an instalment payment agreement under section 167. |
[Section 162(1) substituted by section 49 of the Tax Administration Laws Amendment Act, 2014 (Act No. 44 of 2014)]
| (2) | The Commissioiner may by public notice prescribe the method of payment of tax, including electronically. |
[Section 162(2) substituted by section 49 of the Tax Administration Laws Amendment Act, 2014 (Act No. 44 of 2014)]
| (a) | a taxpayer will not pay the full amount of tax; |
| (b) | a taxpayer will dissipate the taxpayer's assets; or |
| (c) | that recovery may become difficult in the future, |
require the taxpayer to—
| (i) | pay the full amount immediately upon receipt of the notice of assessment or a notice described in section 167(6) or within the period as the official deems appropriate under the circumstances; or |
| (ii) | provide such security as the official deems necessary. |
