base cost for shares October 2001
This number may not exceed 20 where the base cost type expenditure was incurred prior to 1 October 2001 in more than one year of assessment.T = number of years or part thereof the asset was owned after valuation date. EXAMPLE Share acquired 3 years before 1 October 2001 for R200,000.arket Value Listed shares The market value which is the average of the selling prices quoted at close of business on each of the five days of trading preceding the valuation date (1/10/2001). These prices will be published in the Government Gazette.