Files
| Attachment | Size |
|---|---|
| act-92-1983.pdf | 3.66 MB |
92 of 1983
The Revenue Laws Amendment Act 92 of 1983 intends:
- to amend the Marketable Securities Tax Act, 1948 [repealed in December 2003], so as to make provision for the exemption from marketable securities tax of a further class of transaction;
- to amend the Estate Duty Act, 1955, so as
- to exclude from property which is deemed to be property of the deceased amounts recoverable under certain policies of insurance; and
- to include in such property certain annuities which have been commuted;
- to amend the Diamond Export Duty Act, 1957 [repealed in October 1986], so as to empower the Minister of Finance while Parliament is not in session to amend that Act to provide that diamond export duty shall not be levied, or that the rate of that duty may be reduced;
- to amend the Stamp Duties Act, 1968, so as
- to make further provision for the payment of stamp duty in connection with the alteration of share capital or shares or the reduction of share capital under certain schemes;
- to increase the stamp duty payable in respect of certain instruments;
- to do away with an exemption from stamp duty in respect of the registration of transfer of certain marketable securities;
- to provide for a further exemption from stamp duty in respect of the transfer of certain debentures; and
- to effect certain textual amendments;
- to regulate the late payment of stamp duties in certain circumstances;
- to provide for an exemption from transfer duty in respect of the transfer of certain propert to the Small Business Development Corporation, Limited; and
- to provide for matters connected therewith.
Commencement
13 July 1983
