“Equity instrument” definition of section 8E of ITA

“equity instrument” means any right or interest the value of which is determined directly or indirectly with reference to-

(a)     a share; or

(b)     an amount derived from a share;

[Definition of “equity instrument” inserted by section 14 of Act 15 of 2016 effective on 1 January 2017, applies in respect of years of assessment ending on or after that date]