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 102 : Recognition in the sale of assetsAnnexe 102(A) |
This formula determines the equivalency percentages, for the indicators in paragraph 2.1 and 2.2 of the Ownership Scorecard.
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A = B x D C |
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Where:
A is the Equivalency Percentage for each of the indicators in paragraphs 2.1 and 2.2 of the Ownership Scorecard.
B is the value of the Qualifying Transaction to the Associated Enterprise determined using a Standard valuation method.
C is the value of the Seller determined using a Standard valuation method.
D is the Indicator Percentages of the Associated Enterprise.
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