Die toepaslikheid van deeltitelheffings in Suid-Afrika
Journal of Economic and Financial Sciences
| Field | Value | |
| Title | Die toepaslikheid van deeltitelheffings in Suid-Afrika | |
| Creator | Smit, Christiaan Oberholzer, Merwe Ellis, Suria | |
| Description | This study challenges the fairness of sectional title schemes’ levies that are ordered by the Sectional Title Act (95 of 1986) to be allocated according to the participation quota (floor area) of units. Studies have shown that larger units in a sectional title scheme tend to subsidise the levies of smaller units. A log-transformed linear regression analysis was performed to investigate the cost behaviour of 113 sectional title schemes. The results revealed that 86% of the variation in the operating costs of a scheme is attributable to the variation in the area of a scheme, while 87% of the variation in operating costs is attributable to a variation in the number of units in a scheme. The conclusion is that the area and the number of units in a scheme are equally significant drivers of operating costs. Therefore, the study recommended that the levies should be allocated on a 50/50 basis with regard to area and number of units. | |
| Publisher | AOSIS | |
| Date | 2012-04-30 | |
| Identifier | 10.4102/jef.v5i1.308 | |
| Source | Journal of Economic and Financial Sciences; Vol 5, No 1 (2012); 103-118 2312-2803 1995-7076 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://jefjournal.org.za/index.php/jef/article/view/308/391
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