S.L. 406.17 Art. 7Withholding of interest payable.

Where an eligible taxable person has benefitted from a remittance of interest under these regulations, the Commissioner shall have the right to withhold an amount of interest up to but not exceeding the amount of interest remitted when interest is due to that eligible taxable person in terms of article 24(3) of the Act within six years from the date the remittance of interest under these regulations had taken place.