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 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic EmpowermentStatement 500 : The General Principles for Measuring Preferential Procurement8. The Calculation of Preferential Procurement Contributions to B-BBEE |
| 8.1) | A Measured Entity receives a score for procurement in proportion to the extent that it meets the compliance target. |
| 8.2) | The Measured Entity's score for Preferential Procurement contributions to B-BBEE under the preferential procurement scorecard can be calculated in terms of formula "B" in Annexe 500(A). |
