Section 29: Transfer of immovable property between an ascendant and a descendant

29. Transfer of immovable property between an ascendant and a descendant (1) — (2) Where a descendant transfers to an ascendant, or to an ascendant and his spouse married under the legal community of goods and property, property which was acquired by the descendant from the ascendant, no tax under this Act and no duty under the Registration Duty Act shall be levied on the deed witnessing such transfer. (3) Where an ascendant transfers to a descendant property which the ascendant acquired in the manner referred to in subsection (2), no tax under this Act and no duty under the Registration Duty Act shall be levied on the deed witnessing such transfer. [S. 29 amended by Act 18 of 1999; repealed and replaced by s. 12 (g) of Act 28 of 2004 w.e.f. 26 August 2004; amended by s. 21 (a) of Act 14 of 2005 w.e.f. 21 April 2005; s. 19 (d) of Act 17 of 2007 w.e.f. 22 August 2007.] 30. – 33. —