Statistics Act, 1999
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 Ownership1. Objectives of this Statement |
The objectives of this statement are to:
1.1) | specify the scorecard for measuring the ownership Element of Broad-Based Black Economic Empowerment (B-BBEE); |
1.2) | define the key measurement principles associated with the ownership Element of B-BBEE; |
1.3) | specify the specific measurement principles applicable to various types of Enterprises; |
1.4) | specify the specific measurement principles applicable to various types of Equity Instruments; |
1.5) | specify the formula for measuring Voting Rights, Economic Interest, Realisation Points and bonus points. |