If an indemnity is approved, the Deputy Commissioner of Taxation (DCT) will draft a Deed of Indemnity. The DCT will not be liable to pay any amounts until a Deed of Indemnity agreement has been executed by both parties. The Annexure A document will be incorporated into a Deed of Indemnity.
General terms relating to the conduct of litigation and a list of costs not included by the deed are articulated in Annexure B and Annexure C of the deed.
If the terms of the Deed of Indemnity agreement cannot be agreed upon by the parties, the DCT's offer to provide an indemnity will be withdrawn.
Information for insolvency practitioners about the requirements the Deputy Commissioner of Taxation (DCT) has regarding drafting and executing a Deed of Indemnity, once an indemnity has been approved.