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2018 Debit Order Form
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Thank you for submitting your debit order information. Feel free to contact our offices for any debit order related queries – info@thesait.org.za



 

This signed Authority and Mandate refers to our contract dated (“the Agreement”).

SAIT invoice number

hereby authorise South African Institute of Tax Practitioners to issue and deliver payment instructions to your Banker for collection against above-mentioned account at above-mentioned Bank (or any other bank or branch to which may transfer account) on condition that the sum of such payment instructions will never exceed obligations as agreed to in the Agreement. Deductions should commence on 2nd January 2018 and continue until this Authority and Mandate is terminated by by giving you notice in writing of not less than 20 ordinary working days, and sent by prepaid registered post or delivered to your address as indicated in this document

The individual payment instructions so authorised must be issued and delivered monthly on the day of the month. In the event that the payment day falls on a Sunday, or recognised South African public holiday, the payment day will automatically be the very next ordinary business day. Payment Instructions due in December may be debited against my account on . understand that the withdrawals hereby authorised will be processed through a computerised system provided by the South African Banks. I also understand that the short name SAIT, together with my reference number will be printed on my bank statement, which will enable me to identify the Agreement and deduction. Rejected debit orders will attract an administration fee of R100.00 and will be debited with the next debit order. agree to pay any bank charges relating to a rejected debit order instruction.

Mandate:acknowledge that all payment instructions issued by you shall be treated by abovementioned Bank as if the instructions have been issued by personally.

Cancellation: agree that although this Authority and Mandate may be cancelled by , such cancellation will not cancel the Agreement. shall not be entitled to any refund of amounts which you have withdrawn while this Authority was in force, if such amounts were legally owing to you.

Assignment: acknowledge that this Authority may be ceded or assigned to a third party if the Agreement is also ceded or assigned to that third party, but in the absence of such assignment of the Agreement, this Authority and Mandate cannot be assigned to any third party.

Signed at on this day of year

(Signature as used for operating on the account) (Assisted By)

 

WHY REGISTER WITH SAIT?

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.

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