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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 II : Issue of financial instrument and policy

4. Accepting of amounts by product provider



A product provider may not accept any amount in respect of any investor in respect of a tax free investment—

(a) in excess of the annual contribution limit in respect of any year; or
(b) in excess of the lifetime contribution limit.