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 300: The General Principles for Measuring Skills DevelopmentStatement 300: The General Principles for Measuring Skills Development4. Subminimum and Discounting Principle |
| 4.1 | A Measured Entity must achieve a minimum of 40% of the targets set out in the Skills Development Element |
| 4.2 | Non-compliance to the threshold targets will result in the overall achieved B-BBEE status level being discounted in accordance in paragraph 3.4 of statement 000. |
