“retirement interest” means a member’s share of the value of a pension fund, pension preservation fund, provident fund, provident preservation fund or retirement annuity fund as determined in terms of the rules of the fund on the date on which he or she elects to retire or transfer to a pension fund, pension preservation fund, provident fund, provident preservation fund or retirement annuity fund;

[Definition of “retirement interest” inserted by section 2(1)(zF) of Act 3 of 2008 and substituted by section 1(1)(q) of Act 43 of 2014, by section 2(1)(k) of Act 17 of 2017, by section 1(1)(x) of Act 23 of 2018 and by section 1(1)(n) of Act 17 of 2023 with effect from 1 March, 2024 and applicable in respect of years of assessment commencing on or after that date]