“security” means –

(a)     any share or depository receipt in a company; or

[Paragraph (a) amended by section 145 of Act 24 of 2011 effective on 1 April 2012]

(b)     any member’s interest in a close corporation,

[Paragraph (b) amended by section 145 of Act 24 of 2011 effective on 1 April 2012]

(c)     ……….

[Paragraph (c) deleted by section 145 of Act 24 of 2011 effective on 1 April 2012]

excluding the debt portion in respect of a share linked to a debenture;