2. Imposition of Social Responsibility Levy

A levy to be called the Social Responsibility Levy shall, subject to the provisions of this Act, be imposed with effect from the year commencing on January 1, 2005 and for every year thereafter, at the rate of 0.25 per centum on all taxes and levies chargeable in terms of the provisions of the enactments specified in the First Schedule to this Act. The funds so collected by way of the Social Responsibility Levy shall be disbursed for meeting any expenditure incurred for the implementation of activities connected with the National

Action Plan for Children, approved by the Government :

Provided that the imposition of the Social Responsibility

Levy in terms of the provisions of this Part of this Act, on income tax chargeable under the provisions of the Inland Revenue Act,

No. 38 of 2000, shall be effective from April 1, 2005.