National Environmental Management Act, 1998 (107 of 1998)
R 385
"identical share"
means in respect of a share—
| (a) | a share of the same class in the same company as that share; or |
| (b) | any other share that is substituted for a listed share in terms of an arrangement that is announced and released as a corporate action as contemplated in the JSE Limited Listings Requirements in the SENS (Stock Exchange News Service) as defined in the JSE Limited Listings Requirements or a corporate action as contemplated in the listings requirements of any other exchange, licensed under the Financial Markets Act, that are substantially the same as the requirements prescribed by the JSE Limited Listings Requirements, where that corporate action complies with the applicable requirements of that exchange; |
[Paragraph (b) substituted by section 2(1)(d) of the Taxation Laws Amendment Act, 2018 (Act No. 34 of 2019), GG 42951, dated 15 January 2020]
[Definition inserted by section 3(1)(h) of the Taxation Laws Amendment Act, 2015 (Act No. 25 of 2015) - effective 1 January 2016]
