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 400: Measurement of the Enterprise and Supplier Development Element of Broad-Based Black Economic EmpowermentStatement 400: The General Principles for Measuring Enterprise and Supplier Development8. The Calculation of Preferential Procurement Contributions to B-BBEE |
8.1 | A measured Entity receives a score for procurement in proportion to the extent that it meets the compliance target. |
8.2 | The Measured Entity's score for Preferential Procurement contributions to B-BBEE under the preferential procurement scorecard can be calculated in terms of formula "B" in Annexe 400(A). |