Any public benefit organisation (PBO), exempt from paying Income Tax in terms of Section 10 (1) (cN) of the Income Tax Act No.58 of 1962, which only carries on certain welfare, humanitarian, health care, religion, belief or philosophy public benefit activities or only provides funds to a PBO and to whom a letter of exemption has been issued by the Tax Exemption Unit (TEU).
Noma yiyiphi inhlangano yokuzuzisa umphakathi (i-PBO), exigiselwe ukukhokhwa Intelangeniso ngokwemibandela yeSigaba 10 (1) (Cn) soMthetho WezeNtelangeniso No. 58 ka-1962, eqhuba kuphela imisebenzi yezenhlalakahle, yezobuntu, ezokunakekelwa kwezempilo, ezenkolo, izinkolelo noma izinzululwazi ekuziziseni umphakathi noma ehlinzeka ngemali kuma-PBO abesenikwe izincwadi zokukhululwa esikhishwe LuPhiko Lwezikukhulula KwiNtela (i-TEU).