Uncertificated Securities Tax Act, 1998 (Act No. 31 of 1998)

Schedule - Laws Amended

Purchase

No. and year of law

Short title

Extent of amendment

Act No. 32 of 1948

Marketable Securities Act, 1948

The amendment of section 3 by the addition of the following paragraph:

"(e)	in respect of the purchase of marketable securities to which the provisions of the Uncertified Securities Tax Act, 1998, apply.".

Act No. 77 of 1968

Stamp Duties Act, 1968

The amendment of item 15 of Schedule 1-

(a)	by the addition to "Exemptions from duty under paragraph (1) or (2)" of the following subparagraph:

"(f)	The issue of marketable securities in respect of which the provisions of the Uncertified Securities Tax Act, 1998, apply.";

(b)	by the addition to "Exemptions from duty under paragraph (3)" of the following subparagraph:

"(w)	Any registration of transfer of any marketable securities in respect of which the provisions of the Uncertified Securities Tax Act, 1998, apply."; and

(c)	by the addition to "Exemptions from duty under paragraph (5)" of the following subparagraph:

"(c)	The acquisition of any marketable securities in respect of which the provisions of the Uncertified Securities Tax Act, 1998, apply.".