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

Industry Charters

Purchase

11.1	A Measured Entity with 30% black Economic Interest, can receive a maximum of 2 bonus points for a 10% holding of Economic Interest by black new entrants.

11.2	A Measured Entity with 30% black Economic Interest, can receive a maximum of 1 bonus point for a 10% holding of Economic Interest by black Participants in:

11.2.1

Employee Ownership Schemes;

11.2.2

Broad-Based Ownership Schemes; and

11.2.3

Co-Operatives.

Annexe 100A • Examples of Mandated Investments

Annexe 100(B) -RULES ON CERTAIN TYPES OF ENTERPRISES