S.L. 583.3 ст. 6Method of payment. S.L. 372.28.

(1) The compliance contribution payable in terms of regulation 3 for any given licence period shall be paid throughout the licence period in the following manner:

(a) any part of the compliance contribution constituting a fixed or minimum amount shall be paid, together with the submission of any return required in terms of regulation 7, before the expiration of the twentieth (20th) day of that month commencing immediately after the month in which the licence period commences; and

(b) any other part of the compliance contribution not falling under paragraph (a) shall be paid by way of monthly payments to be calculated on the gaming revenue accrued during each and every month falling within a licence period, hereinafter referred to as the "reference month". The amount due shall be paid together with the submission of any return required in terms of regulation 7, before the expiration of the twentieth (20th) day of that month next following the reference month, hereinafter referred to as the "settlement month".

(2) At the end of each reference month, the gaming revenue generated from each type of gaming services during that month shall be determined and the compliance contribution due in terms of regulation 3 shall be computed as prescribed in these regulations.

(3) Where required for the purpose of determining the rate or rates at which the compliance contribution is to be computed on gaming revenue arising in any reference month in terms of regulation 3(2), (3), (4) and (5), the gaming revenue generated from each type of gaming services during the relevant reference month shall be aggregated to the gaming revenue generated from the corresponding type of gaming services during each of the prior reference months of the relevant licence period:

Provided that any amount of compliance contribution which has been paid in respect of the relevant licence period by reference to the minimum amounts stipulated in regulation 3(2), (3),

(4) and (5) pursuant to the requirement of sub-regulation (1)(a) of this regulation, shall first be deducted from the corresponding amount due in terms of regulation 3(2), (3), (4) and (5) respectively before any additional payments shall be due pursuant to the requirements of sub-regulation (1)(b) of this regulation.

(4) Where any amount payable in terms of these regulations is not paid when due, interest shall be due and payable at the rate prescribed in rule 2 of the Income Tax (Interest Rate) Rules, which rate shall be applied to the unpaid amount for each month or part thereof for which the amount remains unpaid.

(5) In any circumstances in which the amount actually paid in terms of regulations 3 or 4 exceeds the aggregate amount actually due by that person in terms of regulations 3 and 4 for that licence period, the excess shall not be refundable and no interest shall accrue thereon in favour of the payor but the said excess shall be available for set-off against any amount payable by that person in terms of regulations 3 and 4 in any licence period commencing after the termination of the licence period in which or by reference to which the excess was paid.

(6) The Authority may, by binding instrument issued by the Board, regulate the granting of any reduction, credit, or other relief in respect of any amount payable under these regulations, which shall be granted either on a unilateral basis or pursuant to bilateral or multilateral treaties, agreements, memorandum of understanding or other arrangements entered into with any foreign government or any local or foreign authority or government agency.

Part V Returns and Assessments