“portfolio of a collective investment scheme in securities” means any portfolio comprised in any collective investment scheme in securities contemplated in Part IV of the Collective Investment Schemes Control Act managed or carried on by any company registered as a manager under section 42 of that Act for the purposes of that Part;
Category: Definitions – ITA
“Portfolio of a collective investment scheme” definition of section 1 of ITA
“portfolio of a collective investment scheme” means any-
(a) portfolio of a collective investment scheme in participation bonds;
(b) portfolio of a collective investment scheme in property;
(c) portfolio of a collective investment scheme in securities; or
(d) portfolio of a declared collective investment scheme;
“Portfolio of a declared collective investment scheme” definition of section 1 of ITA
“portfolio of a declared collective investment scheme” means any portfolio comprised in any declared collective investment scheme contemplated in Part VII of the Collective Investment Schemes Control Act managed or carried on by any company registered as a manager under section 64 of that Act for the purposes of that Part;
“Post exploration” definition of Tenth Schedule
‘post-exploration’ means any activity carried out after the completion of the appraisal phase, including-
(a) the separation of oil and gas condensates;
(b) the drying of gas; and
(c) the removal of non-hydrocarbon constituents, to the extent that these processes are preliminary to refining;
“Post-1973 gold mine” definition of section 1 of ITA
“post–1973 gold mine” means an independent workable proposition in respect of which the State President or the Minister of Mines has, after 1 January, 1974, on the recommendation of the Mining Leases Board signified in writing his decision to grant a lease of the right to mine for gold, and includes any other gold mine which, in the opinion of the Government Mining Engineer, is an independent workable proposition which was established as such after the said date;
“Post-1990 gold mine” definition of section 1 of ITA
“post-1990 gold mine” means a gold mine-
(a) which, in the opinion of the Director-General: Mineral and Energy Affairs, is an independent workable proposition and in respect of which a mining authorisation for gold mining was issued for the first time after 14 March 1990 in terms of the Minerals Act, 1991 (Act No. 50 of 1991); or
(b) for which a mining permit or mining right for gold mining (other than a mining permit or mining right issued on conversion of an old order mining right as defined in paragraph 1 of Schedule II to the Mineral and Petroleum Resources Development Act) was issued for the first time on or after 1 May 2004 in terms of that Act;
[Definition of “post–1990 gold mine” inserted by section 2 of Act 101 of 1990, amended by section 2 of Act 141 of 92 and substituted by section 1 of Act 43 of 2014 effective on 1 May 2004]
“Post-realisation years” definition of section 24JB of ITA
‘post-realisation years’, in relation to a covered person, means-
(a) the year of assessment immediately succeeding the realisation year;
(b) the year of assessment immediately succeeding the year of assessment contemplated in paragraph (a);and
(c) the year of assessment immediately succeeding the year of assessment contemplated in paragraph (b);
“Pre-valuation date asset” definition of Eighth Schedule
“pre-valuation date asset” means an asset acquired prior to valuation date by a person and which has not been disposed of by that person before valuation date;
“Preference share” definition of section 8E of ITA
‘preference share’ means a preference share as defined in section 8EA(1);
“Preference share” definition of section 8EA of ITA
‘preference share’ means any share-
(a) other than an equity share; or
(b) that is an equity share, if an amount of any dividend or foreign dividend in respect of that share is based on or determined with reference to a specified rate of interest or the time value of money;