Older Persons Act, 2006
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 100: Measurement of the Ownership Element of Broad-Based Black Economic EmpowermentStatement 100 : The General Principles for Measuring Ownership10. Net Value |
| 10.1) | Ownership Fulfilment occurs: |
| 10.1.1) | on the release of all black Participants in a Measured Entity from all third-party rights arising from the financing their transaction with the Measured Entity; or |
| 10.1.2) | if all black Participants in the Enterprise have never been subject to any such third-party rights. |
| 10.1.3) | A score of 7 points for Net Value is a requirement for awarding the Ownership Fulfilment point. |
