“combustion” means the exothermic reaction of a fuel with oxygen;
“Carbon tax” definition of section 1 of CTA
“carbon tax” means a tax on the carbon dioxide (CO2) equivalent of greenhouse gas emissions imposed in terms of section 2;
“Carbon dioxide (CO2) equivalent” definition of section 1 of CTA
“carbon dioxide (CO2) equivalent” means the concentration of carbon dioxide that would cause the same amount of radiative forcing (the difference of sunlight absorbed by the Earth and energy radiated back to space) as a given mixture of carbon dioxide and other greenhouse gases;
“Carbon budget” definition of section 1 of CTA
“carbon budget” means an amount of greenhouse gas emissions permitted, against which direct emissions arising from the operations of a person during a defined time period will be accounted for;
“Allowance” definition of section 1 of CTA
“allowance” means any amount allowed to be taken into account in terms of Part II, subject to section 14, for the purposes of determining the amount of carbon tax payable;
MPRAA Index
ARRANGEMENT OF SECTIONS
[Arrangement of Sections substituted by section 32(1) of Act 16 of 2016 effective on 1 January, 2017 and applicable in respect of years of assessment commencing on or after that date]
Part I
Interpretation
Part II
Registration
Section 3 – Cancellation of registration
Section 4 – Election for unincorporated body of persons
Part III
Estimates, returns, payments, adjusted estimates, refunds and records
Section 5 – Estimates, returns and payments
Section 5A – Adjustments of estimates
Section 6 – Payments and returns
Section 7 – Repealed
Section 8 – Maintenance of records
Part IV
Repealed
Section 9 – Repealed
Section 10 – Repealed
Section 11 – Repealed
Part V
Penalties and interest
Section 13 – Repealed
Section 14 – Penalty for underpayment as a result of underestimation of royalty payable
Section 15 – Repealed
Part VI
Miscellaneous
Section 17 – Administration of Act
Section 18 – Repealed
Section 19 – Reporting, secrecy and disclosure
Section 21 – Short title and commencement
BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:
MPRAA Citation
Reproduced under Goverment Printer’s Authorisation (Authorisation No. 11837) dated 30 November 2020.
Please remember to periodically “Check for Updates”!
MINERAL AND PETROLEUM RESOURCES ROYALTY (ADMINISTRATION) ACT 29 OF 2008
(English text signed by the President)
[Assented To 21 November, 2008]
(Date Of Commencement: 1 May, 2009)
as amended by
Taxation Laws Second Amendment Act 18 of 2009
Voluntary Disclosure Programme and Taxation Laws Second Amendment Act 8 of 2010
Tax Administration Act 28 of 2011
Tax Administration Laws Amendment Act 21 of 2012
Tax Administration Laws Amendment Act 39 of 2013
Tax Administration Laws Amendment Act 23 of 2015
Tax Administration Laws Amendment Act 16 of 2016
Latest 2024 Live Updates: COMPLETED!
Tax Administration Laws Amendment Act 18 of 2023
ACT
To provide for the administration of matters in connection with the imposition of a royalty on the transfer of mineral resources and for matters connected therewith.
MPRA Index
ARRANGEMENT OF SECTIONS
Section 2 – Imposition of royalty
Section 3 – Determination of royalty
Section 5 – Earnings before interest and taxes
Section 6A – Application of Schedule 2
Section 7 – Small business exemption
Section 8 – Exemption for sampling
Section 8A – Rollover relief for transfers between extractors
Section 9 – Rollover relief for disposals involving going concerns
Section 10 – Transfer involving body of unincorporated persons
Section 11 – Arm’s length transactions
Section 12 – General anti-avoidance rule
Section 13 – Conclusion of fiscal stability agreements
Section 14 – Terms and conditions of fiscal stability agreements
Section 16 – Transitional credits
Section 17 – Act binding on State and application of other laws
Section 18 – Short title and commencement
BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:—
MPRA Citation
Reproduced under Goverment Printer’s Authorisation (Authorisation No. 11837) dated 30 November 2020.
Please remember to periodically “Check for Updates”!
MINERAL AND PETROLEUM RESOURCES ROYALTY ACT 28 OF 2008
[ASSENTED TO 17 NOVEMBER, 2008]
(Date of commencement: 1 November, 2009)
(English text signed by the President)
as amended by
Taxation Laws Amendment Act 17 of 2009
Taxation Laws Amendment Act 7 of 2010
Taxation Laws Amendment Act 24 of 2011
Taxation Laws Amendment Act 31 of 2013
Tax Administration Laws Amendment Act 39 of 2013
Taxation Laws Amendment Act 15 of 2016
Taxation Laws Amendment Act 23 of 2018
Latest 2025 Live Updates: COMPLETED!
Taxation Laws Amendment Act 42 of 2024
ACT
To impose a royalty on the transfer of mineral resources and to provide for matters connected therewith.
Carbon Tax Act – Index
TABLE OF CONTENTS
Part I
Definitions and general provisions relating to imposition of carbon tax
Section 2 – Imposition of carbon tax
Section 3 – Persons subject to tax
Section 6 – Calculation of amount of tax payable
Part II
Allowances
Section 7 – Basic tax-free allowance
Section 8 – Allowance for industrial process emissions
Section 9 – Allowance in respect of fugitive emissions
Section 10 – Trade exposure allowance
Section 11 – Performance allowance
Section 12 – Carbon budget allowance
Part III
Limitation of allowances
Section 14 – Limitation of sum of allowances
Part IV
Administration, tax period and payment of tax
Part V
Miscellaneous
Section 20 – Amendment of laws