Exchange Control Amnesty and Amendment of Taxation Laws Act, 2003 (Act No. 12 of 2003)Chapter I : Exchange Control Amnesty and accompanying tax measuresPart B : Application, Evaluation and Approval Process8. Required information for application by facilitator |
| 1) | A facilitator who applies for the amnesty in terms of this Chapter, must – |
| a) | apply jointly with an applicant on the prescribed form submitted by that applicant; |
| b) | confirm that there is no reason for that facilitator to believe that any of the foreign assets, funds or assets contemplated in section 3(i)(c) represented or were derived from proceeds of unlawful activities; and |
| c) | where that facilitator applies for the domestic tax relief, as contemplated in section 17, with respect to a foreign asset of the applicant contemplated in paragraph (a) – |
| i) | disclose the amounts that were not declared to the Commissioner, as required by the Estate Duty Act, 1955, or the Income Tax Act, 1962, to the extent those amounts were accumulated as or converted to foreign assets; |
| ii) | disclose the dates on which those amounts were so accumulated as or converted to foreign assets; and |
| iii) | submit documentary proof of those dates and those amounts which were accumulated as or converted to foreign assets after 28 February 1998. |