Share Blocks Control Act definition

Share Blocks Control Act means the Share Blocks Control Act No. 59 of 1980 as amended and any regulations in force thereunder from time to time;
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Share Blocks Control Act means the Share Blocks Control Act, 1980 (Act No. 59 of 1980);’’; and 30
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Share Blocks Control Act means the Share Blocks Control Act, 1980 (Act 59 of 1980);
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Examples of Share Blocks Control Act in a sentence

  • Because of her participation in themicroloan program, she is able to contribute more toward her village’s needs.

  • Under the Sectional Titles Act, a share block company may convert a share block scheme to a sectional title scheme by special resolution (i.e. Item 8 of Schedule 1 of the Share Blocks Control Act).

  • Under the Share Blocks Control Act, 1980 a share block company must establish a levy fund to which the shareholders contribute.

  • The company operates as a shareblock company in terms of the Share Blocks Control Act.

  • Share block owners acquiring direct ownership of immovable property pursuant to a sectional title conversion (i.e. the circumstances referred to in Item 8 of Schedule 1 to the Share Blocks Control Act) will be prohibited from claiming a notional input tax deduction in respect of that acquisition (insofar as the deduction is viewed as a claim for “second hand goods”).


More Definitions of Share Blocks Control Act

Share Blocks Control Act means the Share Blocks Control Act no. 59 of 1980, as amended and the regulations promulgated from time to time in regard thereto;
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Share Blocks Control Act means the Share Blocks Control Act, 1980;
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Share Blocks Control Act means a Share Blocks Control Act, 1980 (Act 59 of1980);
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Share Blocks Control Act means the Share Blocks Control Act, 1980 (Act No. 59 of 1980);"; and (s) by the insertion in subsection (1) after the definition of "Short-term Insurance Act" of the following definitions:
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Share Blocks Control Act means that Act No.59 of 1980 or any amendment thereof or any Act which may be promulgated in substitution thereof.
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Share Blocks Control Act means the Share Blocks Control Act, No. 59 of1980;
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Share Blocks Control Act or “the Act” means the Share Blocks Control Act, No. 59 of 1980 or any amendment thereof or any Act which may be promulgated in substitution therefor;
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