Securities Transfer Tax definition

Securities Transfer Tax means the securities transfer tax levied in terms of Securities Transfer Tax Act, 25 of 2007, as amended, which is payable by the buyer when buying MTN Zakhele Shares. The Custody Entity deducts the Securities Transfer Tax from your Transaction Platform Account at the time of a purchase Transaction. Strate settlement processes facilitates the payment of Securities Transfer Tax for your purchase to the South African Revenue Service;

Securities Transfer Tax means the securities transfer tax levied in terms of Securities Transfer Tax Act, 25 of 2007;

Securities Transfer Tax or “STT” means the securities transfer tax levied in terms of Securities Transfer Tax Act, 25 of 2007, as amended, which is payable by the buyer when buying shares.;

Examples of Securities Transfer Tax in a sentence

• Securities Transfer Tax (“STT”) is payable by the purchaser in every instance of a transfer of equities Securities which results in a change of beneficial ownership.

• The Custody Entity pays the Securities Transfer Tax as part of settlement obligations for Strate settlement processes which process facilitates your compliance with your obligations to the South African Revenue Services in this regard.

• You have no obligations to ensure that your Securities Transfer Tax is paid on any purchase as this is collectively the responsibility of the Custody Entity, Strate and the relevant JSE member.

• The Custody Entity deducts the Securities Transfer Tax from your Transaction Platform Account at the time the Transaction occurs.

• Liberty shall be entitled to recover from SBG the taxes payable in terms of the South African Securities Transfer Tax Act, No. 25 of 2007 in respect of the transfer of the Ordinary Share Scheme Shares from the Ordinary Share Scheme Participants to SBG pursuant to the Ordinary Share Scheme.

More Definitions of Securities Transfer Tax

Securities Transfer Tax means the securities transfer tax levied in terms of Securities Transfer Tax Act, 25 of 2007, which is payable by the buyer when buying YeboYethu Ordinary Shares. The Custody Entity deducts the Securities Transfer Tax from your Transaction Platform Account at the time of a purchase Transaction. Strate settlement processes facilitates the payment of Securities Transfer Tax for your purchase to the South African Revenue Service;

Securities Transfer Tax means securities transfer tax (as contemplated by the Securities Transfer Tax Act, 2007 (Act No. 25 of 2007));

Securities Transfer Tax means securities transfer tax as contemplated in section 2(1) of the Securities Transfer Tax Act (25 of 2007);

Securities Transfer Tax means South African Securities Transfer Tax in terms of the Securities Transfer Tax Act, 25 of 2007, or any similar Tax in terms of a similar Act promulgated in another jurisdiction;

Securities Transfer Tax means the securities transfer tax imposed on every transfer of any security issued by a company incorporated, established or formed inside the Republic in terms of the Securities Transfer Tax Act No. 25 of 2007;

Securities Transfer Tax means securities transfer Taxes payable pursuant to the laws of South Africa in terms of the Securities Transfer Tax Act, No. 25 of 2007, in connection with the transfer of Company Common Shares listed on the JSE, pursuant to any of the transactions contemplated by this Agreement;

Securities Transfer Tax means the securities transfer tax levied in terms of the Securities Transfer Tax Act, 2007. Shareholders mean the holders of I-Ex Listed Securities or I-Ex Hosted Securities from time to time.