Intellectual Property Rights from Publicly Financed Research and
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)RegulationsRegulations in terms of section 12T(8) of the Income Tax Act, 1962, on the requirements for Tax Free InvestmentPart V : Returns and maturity date10B. Restriction on maturity date |
A product provider may not offer any tax free investment with a fixed term of which the maturity date occurs more than five years after the date on which that financial instrument or policy is issued.
[Regulation 10B inserted by regulation 8 of Notice No. R. 309, GG 40758, dated 31 March 2017]
