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Merchant Shipping (International Oil Pollution Compensation Fund) Contributions Act, 2013(Act No. 36

20 January 2014   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

The Merchant Shipping (International Oil Pollution Compensation Fund) Contributions Act, 2013 ( ​Act No. 36 of 2013) will come into operation on a date to be determined by the President by Proclamation.

The purpose of the Act is to provide for the imposition of the International Oil Pollution Compensation
Fund Contributions Levy on persons referred to in Article 10 of the 1992 Fund Convention; to provide for the manner in which the levy is determined; to provide that levies and interest due to be paid to the International Oil Pollution Compensation Fund are a direct charge against the National Revenue Fund; and to provide for matters connected therewith. 

Please click here to download the Act


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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