64A.  Awards in terms of land restitution programmes and land reform measures

A person must disregard any capital gain or capital loss in respect of the disposal that resulted in that person receiving-

(a)     restitution of a right to land, an award or compensation in terms of the Restitution of Land Rights Act, 1994 (Act No. 22 of 1994); or

(b)     land or right to land by virtue of the measures as contemplated in Chapter 6 of the National Development Plan: Vision 2030 of 11 November 2011 released by the National Planning Commission, Presidency of the Republic of South Africa.

[Paragraph 64A inserted by section 92 of Act 74 of 2002, substituted by section 55 of Act 20 of 2006, amended by section 121 of Act 22 of 2012, substituted by section 76 of Act 15 of 2016 effective on 29 February 2016, applies in respect of years of assessment ending on or after that date]