“Benefit fund” definition of section 1 of ITA

“benefit fund” means

(a)     any friendly society registered under the Friendly Societies Act, 1956 (Act No. 25 of 1956), or any fund established before 13 June 1986 which is not so registered solely because of the provisions of section 2(2)(a) of that Act; or

(b)     any medical scheme registered under the provisions of the Medical Schemes Act;