“date of acquisition” means –

(a)     in the case of the acquisition of property (other than the acquisition of property contemplated in paragraph (b)) by way of a transaction, the date on which the transaction was entered into, irrespective of whether the transaction was conditional or not or was entered into on behalf of a company already registered or still to be registered and, in the case of the acquisition of property otherwise than by way of a transaction, the date upon which the person who so acquired the property became entitled thereto: Provided that where property has been acquired by the exercise of an option to purchase or a right of pre-emption, the date of acquisition shall be the date upon which the option or right of pre-emption was exercised;

[Paragraph (a) amended by section 1 of Act 86 of 1987 and Proc.R11 of 1994]

(b)     in the case of the acquisition of property in terms of item 8 of Schedule 1 to the Share Blocks Control Act, 1980 (Act No. 59 of 1980), and if section 9A of this Act does not apply to that acquisition, the date of the written request referred to in subitem (1)(b) of the said item 8;

(c)     ……….

[Paragraph (c) added by section 1 of Act 86 of 1987 and deleted by Proc. R11 of 1994]

[Definition of “date of acquisition” substituted by section 4 of Act 106 of 1980]