Category: Paragraph 5 (First Schedule) – Value to be placed upon livestock for purposes of the First Schedule

Paragraph 5

 

  1. Subparagraph (1) amended by section 30 of Act 88 of 1971 and substituted by section 28 of Act 103 of 1976, section 26 of Act 96 of 1981, section 31 of Act 36 of 1996 and section 55 of Act 74 of 2002.

 

  1. Subparagraph (1A) inserted by section 28 of Act 103 of 1976, amended by section 23 of Act 104 of 1980 and deleted by section 31 of Act 36 of 1996.

 

  1. Subparagraph (2) substituted by section 23 of Act 89 of 1969 and section 28 of Act 103 of 1976 and deleted by section 36 of Act 5 of 2001.

 

  1. Subparagraph (3) deleted by section 28 of Act 103 of 1976.

 

  1. Paragraph 5 substituted by section 18 of Act 72 of 1963.

Paragraph 5 (First Schedule) – Value to be placed on livestock for purposes of First Schedule

Posted on by admin_kmos

5.

 

(1)     The value to be placed upon livestock for the purposes of this Schedule shall, subject to the provisions of paragraph 4 (1) as respects livestock held and not disposed of at the end of the year of assessment, be the standard value applicable to the livestock.


(2)      ……….


(3)      ……….