Good Day
The Commissioner for SARS has issued a proposal in the 2014 Budget Speech, whereby SARS intends clarifying the position of whether a person must be a registered vendor before the acquisition of a going concern. If this amendment is effected it would certainly provide clarity and eliminate the anomalies arising where the vendor was not a registered vendor at the time that the sale agreement was concluded.

I cannot find any information on the internet post march 2014 over whether the interpretation was clarified...

Please could someone assist.