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: