Medicines and Related Substances Act, 1965
R 385
Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic EmpowermentStatement 500 : The General Principles for Measuring Preferential Procurement4. Black Owned Professional Service Providers and Entrepreneurs |
| 4.1) | A key intention of this statement is to promote the use by Measured Entitles, of black owned professional service providers and entrepreneurs as suppliers. |
| 4.2) | Black owned professional service providers and entrepreneurs that comply with all the elements of the Codes: |
| 4.2.1) | qualify for recognition in all three criteria in the preferential procurement scorecard; and |
| 4.2.2) | qualify as value-adding suppliers thereby attracting the benefits in paragraph 3.3.2. |
