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

Memorandum of Understanding, (2020)

2. Definitions

 

In this MOU, unless the context indicates a contrary intention, the following words and expressions bear the meanings assigned to them and cognate expressions bear corresponding meanings—

 

"B-BBEE  Act"

means the Broad-Based Black Economic Empowerment Act 53 of 2003, as amended by Act 46 of 2013;

 

"B-BBEE Commission"

means Commission established in terms of section 13B of the BBBEE Act;

 

"CIPC"

means the CIPC established in terms of 185 of the Companies Act 71 of 2008;

 

"MOU"

means this Memorandum of Understanding;

 

"Requested Party"

means a Party from whom a request under this MOU is addressed;

 

"Requesting Party"

means a Party making a request under this MOU;

 

"the Act"

means the Companies Act, 71 of 2008: