To amend the Transfer Duty Act, 1949, so as to adjust the rates of duty; and tofurther regulate the exemptions from duty; to amend the Income Tax Act, 1962, soas to further regulate the rate of interest; to provide for the delegation of certainfunctions of the Commissioner to the executive officer of the Financial ServicesBoard; to fix the rates of normal tax payable by persons other than companies inrespect of taxable income for the years of assessment ending on 28 February 2005and by companies in respect of taxable income for the years of assessment endingduring the 12 months ending on 31 March 2005; to increase the primary andsecondary rebates; to amend the provisions relating to foreign dividends so as toeffect certain consequential amendments; to further regulate the exemption inrespect of interest and foreign dividends; to further regulate the losses incurred onalienation, loss or destruction of certain depreciable assets; to regulate thedepreciation of assets used for production of bio-diesel or bio-ethanol; to furtherregulate the provisions relating to urban development zones; to further regulatethe provisions which prohibit certain deductions; to further regulate the provisionsrelating to the taxation of toll road operators; to further regulate the provisionsrelating to the timing of accrual and incurral of amounts in respect of interest rateagreements; to further regulate the provisions relating to long-term insurers; tofurther regulate the provisions relating to submission of returns; to delete certainprovisions relating to record-keeping which have been duplicated in the Act; tofurther regulate the provisions relating to the deduction or withholding ofemployees' tax; to further regulate the provisions relating to employees' taxpayable by labour brokers; to further regulate the provisions relating to capitalgains tax; to delete certain obsolete provisions; to align the Afrikaans text of the Actto the English text; and to effect certain textual and consequential amendments; toamend the Customs and Excise Act, 1964, so as to effect certain textualamendments; to further regulate the rate of interest on outstanding duties; and toamend Schedule No. 1 to that Act and the effective date thereof; to amend theStamp Duties Act, 1968, so as to delete a definition; to abolish stamp duty on certaininstruments; and to effect certain consequential amendments; to amend theValue-Added Tax Act, 1991, so as to further regulate the rate of interest; to clarifythe term 'registration number'; to delete certain obsolete provisions; to reinstateand regulate interest and penalties on late payment of VAT on goods subject toexcise duty; to effect certain textual and consequential amendments; and to alignthe value of goods in the notes to Schedule 1 to the value of goods under the item inSchedule 1; to amend the Tax on Retirement Funds Act, 1996, so as to effect certainconsequential amendments; and to provide for interest on delayed refunds; toamend the Revenue Laws Amendment Act, 1999, so as to effect a textualamendment; to amend the Second Revenue Laws Amendment Act, 2001, so as to delete an amendment to the Customs and Excise Act, 1964, which has not come intooperation and which has become obsolete; to amend the Exchange ControlAmnesty and Amendment of Taxation Laws Act, 2003, so as to further regulate thelast date for submission of tax returns for purposes of the amnesty; to amend theRevenue Laws Amendment Act, 2003, so as to clarify certain commencement dates;and to delete a provision in the Afrikaans text which does not appear in the Englishtext; to provide for the continuation of amendments to the Schedules to theCustoms and Excise Act, 1964; to provide for transitional mineral and petroleumprovisions relating to the continuation of payments to the State for removal anddisposal of minerals or petroleum; to provide for a short title and commencementdate of this Act; and to provide for matters connected therewith.