Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2013)Amended Code Series 100: Measurement of the Ownership Element of Broad-Based Black Economic EmpowermentStatement 100: The General Principles for Measuring OwnershipKey measurement principles3.2 Sub-Minimum Requirements |
| 3.2 | Sub-Minimum Requirements |
| 3.2.1 | A Measured Entity is required to achieve a minimum of 40% on Net Value points (i.e. 8 points) based on Annexe 100 (E) paragraph 4 of this statement. |
| 3.2.2 | Non-compliance with this sub-minimum target, as per paragraph 3.2.1, will result in the achieved B-BBEE status level being discounted in accordance with paragraph 3.4 in statement 000. |
