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BGR 29: Unbundling Transactions: Meaning of "as at the end of the day after that distribution"

21 August 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

This BGR addresses the interpretation of the words "at the end of the day after that distribution” as used in section 46(3)(a)(v) in relation to an unbundling company listed on the JSE. It does not address consecutive unbundling transactions occurring on the same day or the determination of the market value of shares in an unlisted unbundled company.

Please click here to view ruling.


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