Paragraph 59 (Eighth Schedule) – Compensation for personal injury, illness or defamation

59.    Compensation for personal injury, illness or defamation

 

A natural person or a special trust must disregard a capital gain or a capital loss determined in respect of a disposal that resulted in that person or that special trust, as the case may be, receiving compensation for personal injury, illness or defamation of that person or a beneficiary of that special trust.