Government Notice No. 40 of 2014

Petroleum Pipelines Levies Act No. 28 of 2004 » Levy and Interest payable on Petroleum Pipelines Industry

Title	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy and Interest payable on Petroleum Pipelines Industry
Department	Energy
Gazette	National Gazettes, No. 37256 of 24 January, 2014, 1 page(s), 170Kb
Act	Act No. 28 of 2004

STAATSKOERANT, 24 JANUARIE 2014                       No. 37256  3

GOVERNMENT NOTICES

DEPARTMENT OF ENERGY
          No. 40                                                                            24 January 2014

NATIONAL ENERGY REGULATOR OF SOUTH AFRICA

NOTICE IN TERMS OF SECTION 2(7) OF THE
                           PETROLEUM PIPELINES LEVIES ACT, 2004 (ACT NO. 28 OF 2004)

Levy and Interest payable on Petroleum Pipelines Industry

The Minister of Energy in concurrence with the Minister of Finance has approved
                      the budget and levies for the petroleum pipelines industry in terms of section 2(4)
                      of the Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004) as proposed by
                      the National Energy Regulator of South Africa for the 2013/14 financial year.

The levy for the petroleum pipelines is 0.2878c11, in respect of the amount of
                      petroleum, measured in litres, delivered by importers, refiners and producers to
                      the inlet flanges of petroleum pipelines and will be paid by the person holding the
                      title to the petroleum immediately after it has entered the inlet flange.

The interest calculation for the petroleum pipeline levy is determined in terms of
                      section 4(2) of the Petroleum Pipelines Levies Act, 2004 (Act No. 28 of 2004).

The levy was determined based on an estimated volume of 17.7 billion litres per
                      annum, as well as      the 2013/14 Annual Performance Plans        and Budget
                      requirement   for the   regulation  of  the  petroleum   pipelines  industry of
                      R50,933,740.

The Energy Regulator, acting under section 2(7) of the Petroleum Pipelines
                      Levies Act, 2004 (Act No. 28 of 2004), hereby publishes the notice on the
                      imposition of the levies for the petroleum pipelines industry at 0.2878c/I for the
                     2013/14 financial year, as approved by the Minister of Energy in concurrence
                     with the Minister of Finance.

Enquiries are to be directed at: the Acting Chief Financial Officer, Mr Zak
                     Lombaard, on telephone number: 012 401 4622.

Phindile Baleni (née Nzimande)
                     CHIEF EXECUTIVE OFFICER
                           o90 t1 -7.or

Related / Petroleum Pipelines Levies Act No. 28 of 2004

Dated	Title	Pages	Days
2015/07/03	Department of Energy
●	Petroleum Pipelines Levies Act No. 28 of 2004 » National Energy Regulator » Levy and interest payable on petroleum pipelines industry, General Notice No. 689	1	<999
2014/09/12	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy and interest payable on petroleum pipelines industry, General Notice No. 782	1
2011/06/10	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines Industry, Government Notice No. 504	2
2010/07/02	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy and Interest on Petroleum Pipelines Industry, Government Notice No. 571	1
2009/04/16	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines Industry, General Notice No. 384	2
2008/04/02	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines Industry, Government Notice No. 371	2
2007/08/24	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines Industry, General Notice No. 1035	2
2007/02/07	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines Industry, Government Notice No. 112	2
2006/10/13	Department of Energy
●	Petroleum Pipelines Levies Act No. 28 of 2004 » Levy on Petroleum Pipelines, General Notice No. 1463	1

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Government Notice No. 40 of 2014

Related / Petroleum Pipelines Levies Act No. 28 of 2004

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