“third-party backed share” means any preference share or equity instrument in respect of which an enforcement right is exercisable by the holder of that preference share or equity instrument or any person that is a connected person in relation to that holder as a result of any amount of any specified dividend, foreign dividend, return of capital or foreign return of capital attributable to that share or equity instrument not being received by or accruing to any person entitled thereto.

[Definition of “third-party backed share” amended by section 11(1)(c) of Act 31 of 2013 and substituted by section 15(1)(f) of Act 15 of 2016, by section 9(b) of Act 34 of 2019 and by section 6(1)(a) of Act 42 of 2024 effective on 1 January, 2025 and applicable in respect of dividends or foreign dividends received or accrued during years of assessment commencing on or after that date]