Insolvency Act, No. 24 of 1936
R 385
"equity share"
means any share in a company, excluding any share that, neither as respects dividends or foreign dividends, nor as respects returns of capital or foreign returns of capital, carries any right to participate beyond a specified amount in a distribution;
[Definition substituted by section 1(a) of the Taxation Laws Amendment Act, 2026, Notice No. 7344, GG54448, dated 1 April 2026 - deemed to have come into operation on 1 April 2012 (section 1(2))]
