Page 122 - 148 Years of the Royal Philatelic Society London

•

In 1987: Aif approved as AIDS treatment; CFC use reduced by international treaty; Rotary

Clubs in U.S. admit women; Andy Warhol died; Lionel Messi, Hilary Duff and Kesha born.

At the RPSL: Centenary of the RPSL Library. Building refurbished.

RPSL President was John H. Levett. Patron H.M. Queen Elizabeth II. Membership 1490-1591.

PENAL TY / BOETE:

FEE FOR LATE PAYMENT OF REVENUE

From the collection of Oscar van der Vliet.

Member since 2015. Lives in The Netherlands .

•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
• .___ ________ ...JI

South Africa introduced this fee in the first Stamp Act of the Union of South Africa on 15th April

1911. When a document was signed taxes were required to be paid within 7 days. Exceeding that

time meant a penalty that varied from 50% of the unpaid sum (minimum 2/6) for up to 3 months, to

a maximum of 300% exceeding 12 months (minimum 10/-). The maximum penalty for stamp duties

was set at £50 and remained the same when the Republic was proclaimed in 1961. When the

currency was changed into Rand (£1 = 2 Rand) the maximum penalty became 100 Rand. When the

last Stamp Act was introduced (No 77 of 1968 on lst October), regulations for penalties were slightly

changed. The document should have been stamped within 21 days. Maximum penalty for regular

cases remained 100 Rand but further imposed penalties would not exceed a total amount of 200

Rand. This series with a security print on the back was introduced from lst June 1978 until 1991, for

values from 1 Rand and up, but the only recorded year of use is 1987. Penalty stamps were not

available for the public. The revenue stamps were demonetised on 27th March 2009.