This contains UNCERTIFIED COPY for information/reference. For authentic copy, please refer to certified copy only.  In case of any mistake, please bring it to our notice.


LegalB's Resources for Africa
QUICK LINKS: ROOT DATABASE | OVERVIEW | VERSIONS & TEXT ACCESS TIMELINE | SUBORDINATE TEXTS | COMMENTARY | POTENTIAL TRANSGRESSOR LISTS | TEST FOR TRANSGRESSIONS | EMAIL A REQUEST FOR UPDATES | HELP | CONTACT US | SEARCH SITE | LOG OUT |

South Africa
NATIONAL LEGISLATION OVERVIEWS
LegalB Logo
Uncertificated Securities Tax Act, No. 31 of 1998

Long title


To provide for the levying of an uncertificated securities tax in respect of every change in beneficial ownership in any securities which are transferable without a written instrument and are not evidenced by a certificate; and to provide for matters connected therewith.

Table of contents

SECTION TITLE
1.  Definitions
1A. Administration of Act [...inserted by Act 1999_053_109_19991124]
2.  Imposition of tax
3.  ... [...repealed by Act 2005_031_129_20060201 - was entitled “Issue of securities”]
4.  Purchase of securities through or from member
5.  Change in beneficial ownership in securities effected by a participant [...Title amended by Act 2005_031_131_20060201 ...was entitled "Other transactions"]
5A.  Other transactions
6.  Exemptions
7.  Payment and refund
8.  Penalties on default
9.  Offences
10.  Interest on overdue payments
11.  Recoveries by Commissioner
11A. Schemes for obtaining undue tax benefits [...inserted by Act 2003_045_192_20031222]
11B. Power to appoint agent [...inserted by Act 2003_045_192_20031222]
11C. Remedies of Commissioner against agent or trustee [...inserted by Act 2003_045_192_20031222]
12.  Tax recoverable from person who acquires securities or any of the rights or entitlements in securities [...Title amended by 2006_021_041_20070207 - was entitled "Tax recoverable from person to whom securities were transferred"]
13.  General provisions with regard to information, documents or things
14.  Furnishing of information, documents or things by any person
14A. Records [..inserted by Act 2003_045_194_20031222]
15.  Obtaining of information, documents or things at certain premises
16.  Inquiry
17.  Search and seizure
17A. Objections and appeal procedures [...inserted by Act 2001_060_181_20011212]
17B. Advance tax rulings [...inserted by Act 2004_034_044_20050124]
18.  Amendment of laws
19.  Short title and commencement
Sch. SCHEDULE. LAWS AMENDED (SECTION 18) [s18]

Legislation Text Access Point

Versions
[To check whether a version has commenced, and how it was commenced, please see the Timeline for the Act, and the Annotated Text for the version.]
Access Official Gazette PDF  Request Subscription Fee Subscriber Access
As unamended Act 1998_031_000_19980629 EXT.LINK REQ.INFO LINK
As amended by Act 1999_032_000_19990331 N/A REQ.INFO LINK
As amended by Act 1999_053_000_19991124 N/A REQ.INFO LINK
As amended by Act 2000_030_000_20000719 N/A REQ.INFO LINK
As amended by Act 2001_019_000_20010727 N/A REQ.INFO LINK
As amended by Act 2001_060_000_20011212 N/A REQ.INFO LINK
As amended by Act 2002_030_000_20020805 N/A REQ.INFO LINK
As amended by Act 2002_074_000_20021213 N/A REQ.INFO LINK
As amended by Act 2003_045_000_20031222 N/A REQ.INFO LINK
As amended by Act 2003_045_000_20040727 (ie: as amended by Act 2004_016_000_20040727 N/A REQ.INFO LINK
As amended by Act 2004_032_000_20050124 N/A REQ.INFO LINK
As amended by Act 2004_034_000_20050124 N/A REQ.INFO LINK
As amended by Act 2005_031_000_20060201 N/A REQ.INFO LINK
As amended by Act 2005_032_000_20060201 N/A REQ.INFO LINK
As amended by Act 2006_009_000_20060725 N/A REQ.INFO LINK
As amended by Act 2006_020_000_20070207 N/A REQ.INFO LINK
As amended by Act 2006_021_000_20070207 N/A REQ.INFO LINK
As amended by Act 2007_025_000_20080108  (Note: partial repeal)  N/A REQ.INFO LINK
As amended by Act 2007_035_000_20080108 N/A REQ.INFO LINK
... N/A REQ.INFO LINK

* LegalB refers to a "version" of an Act or its sections in the format 
"YYYY_NNN_SSS_YYYYMMDD", which refers to "YEAR OF ACT_ACT NUMBER_SECTION OF ACT_DATE OF GAZETTE", and where "DATE OF GAZETTE" refers to the "YEAR_MONTH_DAY" on the face of the Gazette in which either the Act was originally published or in which the amending, lapsing or repealing instrument was published. Where any segment of the reference string contains only zeros, it means that information is not relevant, not made available, or unavailable.
* Unbolded grey text in square brackets is additional information provided by LegalB.
* "..." indicates further information not provided by LegalB for purpose of brevity
* An Asterisk indicates uncertainty regarding information, and a double asterisk indicates information must be read in the light of our relevant Commentary.
TOP
2003
Copyright Rita V. Felgate 2018