Section 10(1)(j) of ITA

(j)      the receipts and accruals of any bank, if such bank is not resident in the Republic and is entrusted by the Government of a territory outside the Republic with the custody of the principal foreign exchange reserves of that territory;

[Paragraph (j) substituted by section 16(1)(b) of Act 25 of 2015 and by section 13 of Act 34 of 2019]