This may seem like a silly question, or the answer may be obvious, but I'm really stumped...

If a CC has R10,000 invested as Members Contributions and was established a few years back, is it at all possible to reduce the Members Contributions to R100 and post balance to the members loan account? There is only one member of the CC.

The intention is to credit the member's loan account with the net reduction (Cr R9,900). I'm uncertain if the above would have a CGT effect (increased value in members interest) or any other tax effects though?

I've tried CIPC and Google for some answers, but coming up empty. Any advice or pointing me in the right direction would be greatly appreciated