(1) |
The Broad-Based Black Economic Empowerment Commission is hereby established as an entity within the administration of the Department. |
(a) |
has jurisdiction throughout the Republic; |
(b) |
must be impartial and perform its functions without fear, favour or prejudice; and |
(c) |
must exercise the functions assigned to it in terms of this Act or any other law— |
(i) |
in the most cost-effective and efficient manner; and |
(ii) |
in accordance with the values and principles mentioned in section 195 of the Constitution; |
(4) |
The Minister may issue directives of a general nature, which are consistent with this Act, to the Commission concerning the performance of its functions and the Commission must comply with any such directive. |
(5) |
Each organ of state must assist the Commission to exercise its authority and perform its functions effectively. |
[Section 13B inserted by section 8 of Act No. 46 of 2013]