Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Memorandum of Understanding (2020)Memorandum of Understanding |
MEMORANDUM OF UNDERSTANDING
Between
Broad-Based Black Economic Empowerment Commission
a statutory entity established in terms of section 13B of the Broad-Based Black
Economic Empowerment Act, Act No. 53 of 2003, as amended, herein represented by
Zodwa Ntuli in her capacity as the Commissioner, and duly authorised to
enter into this agreement
(hereinafter referred as the "B-BBEE Commission")
and
Companies and Intellectual Property Commission
A public entity established in terms of section 185 of the Companies Act, 2008 (Act
No. 71 of 2008), within the Department of Trade & Industry group of Institutions,
herein represented by Adv. Rory Voller in his capacity as Commissioner
and duly authorised thereto
(hereinafter referred to as the "CIPC")
concerning
mutual co-operation and assistance between the B-BBEE Commission and
CIPC (hereinafter referred to as "the Parties") relating to the fulfilment of
responsibilities and obligations under the Companies Act, 71 of 2008 ("the Act") and
the Broad-Based Black Economic Empowerment Act, 53 of 2003, as amended
("B-BBEE Act") and any other legislation applicable to the Parties.
For period 6 June 2020 to 5 June 2025