Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Maritime Transport & Services Industry Sub-Sector Code for B-BBEE

3. Indicators of Empowerment

3.5 Skills Development

3.5.4 Measurement Principles and the Application of the Charter

Purchase

3.5.4.1

Measurement principles associated with the skills development element is contained in Statement 400 of Code 400 of the Generic Code of Good Practice.

3.5.4.2

The formulae required in the determination of the skills development score are contained in Annexure 400 (A)-B of Statement 400 of Code 400 of the Generic Code of Good Practice. The formula for the determination of the Adjusted Recognition for Gender - Annexure 400 (A)-A will not apply.

3.5.4.3

The measurement principles required in the determination of the skills development score for QSEs are contained in Statement 804 of Code 800 of the Generic Code of Good Practice.

3.5.4.4

The Learning Programme Matrix: Annexure 400 (A) of statement Code 400 the Generic Codes of Good Practice will apply.