ARRANGEMENT OF ACT

Section 1 – Definitions

Part I
Employment tax incentive

Section 2 – Instituting of employment tax incentive

Part II
Eligible employers and qualifying employees

Section 3 – Eligible employers

Section 4 – Compliance with wage regulating measures

Section 5 – Penalty and disqualification in respect of displacement

Section 6 – Qualifying employees

Part III
Determining amount of employment tax incentive

Section 7 – Determining amount of employment tax incentive

Section 7A – Minister may announce altered amounts

Section 8 – Unavailability of employment tax incentive for reducing employees’ tax

Section 9 – Roll-over of amounts

Section 10 – Refund

Part IV
Miscellaneous

Section 11 – Reporting

Section 12 – Cessation of employment tax incentive

Section 13 – Amendment of laws

Section 14 – Short title and commencement

Schedule

BE IT THEREFORE ENACTED by the Parliament of the Republic of South Africa, as follows: