Section 77 - Amendment of section 4 of Act 45 of 1974 - Finance Act, 2000

Interest-tax 77. Amendment of section 4 of Act 45 of 1974 In the Interest-tax Act, 1974, in section 4, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2001, namely:- (3) Notwithstanding anything contained in sub-sections (1) and (2), no interest-tax shall be charged in respect of any chargeable interest accruing or arising after the 31st day of March, 2000.