Revenue Laws Amendment Act 118 of 1984

The Revenue Laws Amendment Act 118 of 1984 intends:

• to amend the Marketable Securities Tax Act, 1948 [repealed in December 2003], so as to effect a textual amendment;
• to amend the Transfer Duty Act, 1949, so as to provide for an exemption from the payment of transfer duty in respect of certain property acquired by a housing utility company;
• to amend the Stamp Duties Act, 1968 [repealed in January 2009], so as
  • to levy stamp duty on certain debit entries in accounts; 
  • to effect a textual amendment;
  • to provide for an exemption from the payment of stamp duty in favour of the Southern African Development Bank;
  • to abolish the stamp duty payable on cheques;
  • to authorize bankers to issue cheque books without the payment of stamp duty; and
  • to do away with an exemption from the payment of stamp duty in respect of certain tegistrations of transfer of marketable securities effected in branch registers kept outside the Republic; 
  • to provide for a refund of stamp duty paid in respect of unused cheque forms, and an exemption from the payment of transfer duty and stamp duty in respect of the passing of the assets, rights, liabilities and obligations of certain corporations; and
• to provide for matters connected therewith.

Commencement

22 August 1984