Files
| Attachment | Size |
|---|---|
| act-106-1980.pdf | 4.5 MB |
106 of 1980
The Revenue Laws Amendment Act 106 of 1980 intends:
- to amend the Marketable Securities Tax Act, 1948 [repealed in December 2003], so as
- to insert a definition of "Commissioner";
- to delete the definition of "Secretary";
- to provide for a further exemption from marketable securities tax; and
- to substitute the word "Commissioner" for the word "Secretary" in the said Act;
- to amend the Transfer Duty Act, 1949, so as
- to insert a definition ofuCommissioner";
- to substitute the definition of "date of acquisition";
- to delete the definition of "Secretary";
- to reduce the rate of transfer duty on certain transactions;
- to provide for certain further exemptions from transfer duty;
- to make further provision relating to the calculation of transfer duty in respect of the conversion of certain rights of occupancy into ownership; and
- to substitute the word "Commissioner" for the word "Secretary" in the said Act;
- to amend the Estate Duty Act, 1955, so as
- to insert a definition of "Commissioner";
- to delete the definition of "Secretary";
- to provide for the exemption from estate duty in respect of certain annuities;
- to make further provision as to the determination of the net value of an estate and the dutiable amount of an estate;
- to reduce the rates of estate duty; and
- to substitute the word "Commissioner" for the word "Secretary" in the said Act;
- to amend the Diamond Export Duty Act, 1957 [repealed in October 1986], so as
- to insert a definition of "Commissioner";
- to delete the definition of "Secretary"; and
- to substitute the word "Commissioner" and a certain derivative thereof for the word "Secretary" and a certain derivative thereof in the said Act;
- to amend the Cinematograph Films Tax Act, 1960 [repealed in June 1982], so as
- to insert a definition of "Commissioner";
- to delete the definition of "Secretary"; and
- to substitute the word "Commissioner" for the word "Secretary" in the said Act;
- to amend the Stamp Duties Act, 1968 [repealed in October 2009], so as
- to insert a definition of "Commissioner";
- to delete the definition of "Secretary";
- to further define "arbitrage transaction" for certain purposes;
- to make provision for certain further exemptions from stamp duty on marketable securities;
- to make further provision as to the imposition of a penalty for certain acts in connection with marketable securities; and
- to substitute the word "Commissioner" for the word "Secretary" in the said Act;
- to repeal certain laws; and
- to provide for matters connected therewith.
Amends
Commencement
1 August 1980
