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Income Tax Act, 1962 (Act 58 of 1962)

Chapter II: The Taxes

Part V: Donations Tax

57. Disposals by companies under donations at the instance of any person




(a) any property is disposed of by any company at the instance of any person; and
(b) that disposal would have been treated as a donation had that disposal been made by that person,

that property must for the purposes of this Part be deemed to be disposed of under a donation by that person.