“Financial Sector Conduct Authority” means the Financial Sector Conduct Authority as defined in section 1 of the Financial Sector Regulation Act;
[Definition of “Financial Sector Conduct Authority” inserted by section 1 of Act 23 of 2018 effective on 1 April 2018]
‘market value’, in relation to shares acquired or held by reason or as a result of implementing a concession or compromise in respect of a debt, means the market value of those shares immediately after the implementation of that concession or compromise.
[Definition of “market value” inserted by section 36 of Act 23 of 2018 effective on 1 January 2018, applies in respect of years of assessment commencing on or after that date]
‘deferral transaction’ means a transaction in respect of which the provisions of PART III of this Chapter were applied;
[Definition of ‘deferral transaction’ inserted by section 38 of Act 23 of 2018 effective on 1 January 2019 and applies in respect of disposals on or after that date]
“preference share” means a preference share as defined in section 8EA(1); and
[Definition of “preference share” inserted by section 38(1)(c) of Act 23 of 2018 and amended by section 25(1)(b) of Act 34 of 2019]
“market value” means market value as contemplated in paragraph 31;
[Definition of “market value” inserted by section 73(b) of Act 23 of 2018 and substituted and by section 53 of Act 34 of 2019]
‘market value’, in relation to shares acquired or held by reason or as a result of implementing a concession or compromise in respect of a debt, means the market value of those shares immediately after the implementation of that concession or compromise.
[Definition of ‘market value’ inserted by section 77 of Act 23 of 2018 effective on 1 January 2018, applies in respect of years of assessment commencing on or after that date]
‘deferral transaction’ means a transaction in respect of which the provisions of PART III of Chapter II were applied;
[Definition of “deferral transaction” inserted by section 80 of Act 23 of 2018 effective on 1 January 2019, applies in respect of disposals on or after that date]
‘preference share’ means a preference share as defined in section 8EA(1); and
[Definition of ‘preference share’ inserted by section 80 of Act 23 of 2018 effective on 19 July 2017, applies in respect of disposals on or after that date]
(1) For the purposes of this section-
“branch policy” means a policy contemplated in paragraph (c) of the definition of “shortterm policy” that is also a longterm policy as defined in section 1 of the Longterm Insurance Act;
[Definition of “branch policy” inserted by section 33(1)(a) of Act 34 of 2019]
“issue price” in relation to a share in a company means the amount that was received by or that accrued to that company in respect of the issue of that share;
[Definition of “issue price” inserted by section 8(1)(d) of Act 34 of 2019 deemed effective on 21 July, 2019 and applicable in respect of years of assessment ending on or after that date]