14 fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the auctioneer during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". 23 Amendment of Twenty-Fifth Schedule to Cap. 23:06 With effect from the 1st January, 2006, the Twenty-Fifth Schedule ("Automated Financial Transactions Tax") to the Income Tax Act [Chapter 23:06] is amended in paragraph 6 ("Penalty for non-payment of automated financial transactions tax") by the insertion of the following subparagraph after subparagraph (2)— "(3) If a defaulting financial institution referred to in subparagraph (1) does not pay the penalty in full on the date on which the default has ceased, interest, calculated at a rate to be fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the financial institution during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". 24 Amendment of Twenty-Sixth Schedule to Cap. 23:06 With effect from the 1st January, 2006, the Twenty-Sixth Schedule ("Presumptive Tax") to the Income Tax Act [Chapter 23:06] is amended— (a) in paragraph 1 ("Interpretation")— (i) by the insertion of the following definitions— ""driving school" means a person registered or required to be registered in terms of the Road Traffic (Driving Schools) Regulations, 1985, published in Statutory Instrument 309 of 1985, or any other law substituted for the same; "goods vehicle", "omnibus" and "taxicab" have the meanings given to those terms by section 2(1) of the Road Motor Transportation Act, 1997 (No. 1 of 1997);"; (ii) by the repeal of the definitions of "operator" and "precious metals" and the substitution of— ""operator", in relation to— (a) the operation of a goods vehicle, omnibus or taxicab for the carriage of goods or passengers for hire or reward, means the person in whose name the goods vehicle, omnibus or taxicab is or is required to be registered in terms of the Road Motor Transportation Act, 1997 (No. 1 of 1997); (b) the operation of a driving school, means the person to whom a certificate of registration has been issued in terms of the Road