6      Payments and returns

(1)     . . . . . .

[Subsection (1) substituted by section 28 of Act 39 of 2013 and deleted by section 37(1)(b) of Act 16 of 2016 effective on 1 January, 2017 and applicable in respect of years of assessment commencing on or after that date]

(2)     If the amount of the royalty payable in respect of a year of assessment exceeds the sum of the payments made in terms of sections 5(1) and (2) and 5A, the registered person must—

(a)     submit a return of that excess; and

(b)     pay the excess,

not later than six months after the last day of that year of assessment.

[Subsection (2) substituted by section 37(1)(c) of Act 16 of 2016 effective on 1 January, 2017 and applicable in respect of years of assessment commencing on or after that date]

(3)     A registered person must submit a final return for the royalty payable in respect of a year of assessment not later than 12 months after the last day of that year of assessment.

[Subsection (3) inserted by section 37(1)(d) of Act 16 of 2016 effective on 1 January, 2017 and applicable in respect of years of assessment commencing on or after that date]

[Section 6 amended by section 37(1)(a) of Act 16 of 2016 effective on 1 January, 2017 and applicable in respect of years of assessment commencing on or after that date]