2 members hold a 75% and 25% interest in 3 separate CC's respectively. The majority member buys out the 25% interest from the minority member for a total purchase for all 3 CC's for R 7m. To settle the purchase price the majority member pays half of the purchase price from his personal bank account and then uses the property in the property CC to raise finance to settle the other half. The funds are paid directly to the majority member who then settles the minority shareholder. How is this transactions reflected in the books of the property CC and what are the tax implications