Broad-Based Black Economic Empowerment Act, 2003
R 385
"external credit assessment"
means an assessment or a rating issued by an eligible institution, which assessment or rating—
| (a) | relates to the ongoing ability of a person or a country to repay amounts due and payable by the said person or the said country, including any principal amount and related interest; and |
| (b) | meets such requirements as may be prescribed; |
[Definition inserted by section 1(h) of Act No. 20 of 2007]
