"pension interest"

in relation to a court order granted under section 7(8)(a) of the Divorce Act or a court order granted in respect of the division of assets of a marriage according to the tenets of a religion, means, in relation to a party who is a member of a fund, that member’s individual account or minimum individual reserve, as the case may be, determined in terms of the rules of that fund, on the date of the court order;

[Definition substituted by section 21(c) of the Pension Funds Amendment Act, 2024 (Act No. 31 of 2024), GG50968, dated 23 July 2024 - effective 1 September 2024 as per Proclamation Notice 175, GG51122, dated 26 August 2024]