Income Tax Act, 1962 (Act No. 58 of 1962)
Regulations in terms of section 12T(8) of the Income Tax Act, 1962, on the requirements for Tax Free Investment
Part VIII : Transactions not allowed
16. Risk cover not allowed
A policy in respect of which a tax free savings investment is comprised may not provide for any cover against the occurrence of an unforeseen event, including disability, illness or death.
Join our mailing list!
Best Selling Products
National Water Act, 1998
Explosives Act, 1956