TAXATION LAWS AMENDMENT ACT (No. 5) 1988 No. 153 of 1988 - SECT 25 Section 159GZZE not to apply in certain cases

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TAXATION LAWS AMENDMENT ACT (No. 5) 1988 No. 153 of 1988 - SECT 25

Section 159GZZE not to apply in certain cases

25. Section 159GZZF of the Principal Act is amended by inserting after
subsection (4) the following subsection:

"(4A) Subsection (4) does not apply to the acquisition of an asset if the
asset is a share in a company that was a resident immediately before the
acquisition.".

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