Tax on Retirement Funds Act, 1996 (Act 38 of 1996)
R 385
Mining Titles Registration Act, 1967 (Act No. 16 of 1967)Chapter IV : Registration of Deeds of Transfer and of Cession19. Transfer of cession of two or more rights by one deed |
| (1) | Two or more persons each holding different rights may not transfer or cede those rights to one or more persons by the same deed, unless such transfer or cession is authorized by a directive of the Minister, the provisions of a law or by an order of court. |
| (2) | Two or more rights may by one deed be transferred or ceded by one or more persons holding such rights in undivided shares to one or more persons acquiring such rights in undivided shares, provided each right is described in a separate paragraph or the rights are grouped in paragraphs to the satisfaction of the Director-General. |
| (3) | Two or more portions of a right may by one deed be transferred or ceded by one or more persons holding the whole of such right in undivided shares to one or more persons acquiring such portions in undivided shares, if each portion is described in a separate paragraph in which reference is made to the diagram or plan of such portion which shall be annexed to the deed: Provided that the Director-General may permit any number of portions of the same kind of right to be grouped in one or more paragraphs to his or her satisfaction. |
[Section 19 substituted by section 22 of Act No. 24 of 2003]
