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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Verification Manual

18. Appendices-Certificates

 

 

18.1 The following example certificates are included in Appendix 1:

 

18.1.1 Sample 1 - The standard Verification Certificate for the 7 elements of the scorecard. (The scores allocated for the specific elements selected by a QSE for verification would simply be reflected for  those elements of the Verification Certificate.)

 

18.1.2 Example 2 - The standard Verification Certificate for EMEs qualifying as level 4 contributors.

 

18.1.3 Example 3 - The standard Verification Certificate for EMEs qualifying as level 3 contributors.

 

18.2 As the Verification Certificate may be made publicly available by the measured entity, for example when engaging with third parties seeking confirmation of the B­BBEE status of the entity or in tenders submitted by the measured entity, it is advisable that the Verification Agency keeps a record of all Verification Certificates.