“remuneration” means “remuneration” as defined in paragraph 1 of the Fourth Schedule to the Income Tax Act, but does not include any amount paid or payable to an employee-

(a)     by way of any pension, superannuation allowance or retiring allowance;

(b)     which constitutes an amount contemplated in paragraph (a), (cA), (d), (e), (eA) or (eD) of the definition of ‘gross income’ in section 1 of the Income Tax Act; or

[Paragraph (b) substituted by section 7(1) of Act 44 of 2024 effective on 1 September 2024]

(c)      by way of commission;