S.L. 406.4 Art. 3Periodical declaration.

(1) The periodical declaration which is required to be furnished to the Commissioner by an exempt person shall be furnished every twelve months or as may be directed by the

Commissioner.

(2) The period of twelve months referred to in subregulation

(1) shall commence on the 1st January and end on the 31st December of the same year: Provided that where the effective date of registration of an exempt person is a date other than 1st January, the first period of that person shall commence on such effective date and shall end on the 31st December of the same year.

(3) Where an exempt person ceases to be entitled to be so classified, the period of that person shall end on the date when that classification is cancelled by the Commissioner.

(4) A declaration which is required to be furnished to the Commissioner in terms of these regulations shall be so furnished by not later than the fifteenth day of the second month following the month during which that period ends.

(5) When the date on which a periodical declaration is to be furnished in terms of these regulations falls, were it not for the provisions of this subregulation, on a Saturday or a Sunday, or a national day or a public holiday as established in the National

Holidays and other Public Holidays Act, that date shall be deemed to fall on the first working day, other than a Saturday, following the

*These regulations have been repealed by Legal Notice 351 of 2024. said Saturday, Sunday, national day or public holiday.