Medicines and Related Substances Act, 1965
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersInformation and Communication Technology (ICT) CharterICT Sector Code for Black Economic EmpowermentCode Series 800: ICT Codes of Good Practice for Qualifying Small Enterprises (QSE's)1. Statement 800: The Framework for QSEs and exempted Micro-enterprises |
1.1 | Objectives of this statement |
1.1.1 | The objectives of this statement are to: |
1.1.1.1 | specify the Elements of B-BBEE measurable under the Qualifying Small Enterprise (QSE) Scorecard; |
1.1.1.2 | specify the QSE Scorecard; |
1.1.1.3 | specify the principles in the Statements (100 - 700) applicable to Qualifying Small Enterprises. |
1.2 | Eligibility as a QSE |
1.2.1 | Any enterprise with an annual Total Revenue of between R5 million and R35 million qualifies as a QSE, if its qualification does not result from circumvention of the ICT Codes. |
1.3 | The QSE Scorecard |
1.3.1 | The following table represents the QSE Scorecard and contains the Elements of the scorecard and the weightings for each element: |
Element |
Weighting |
Code Series 800 |
Framework |
800 |
|
Ownership |
25 points |
801 |
Management control |
25 points |
802 |
Employment equity |
25 points |
803 |
Skills development |
25 points |
804 |
Preferential procurement |
25 points |
805 |
Enterprise Development |
25 points |
806 |
Socio-Economic Development Contributions |
25 points |
807 |
1.3.2 | A QSE must select any four of the seven Elements of B-BBEE for the purposes of measurement under the QSE Scorecard. If a QSE does not make a selection, its four best element scores will be used for the purpose of measurement. |
1.3.3 | A QSE will be scored in proportion to the extent that it meets the compliance targets for those four elements. |
1.3.4 | The Weighting points in respect of any element in the scorecard represent the maximum number of points possible for each of the criteria. |
1.3.5 | Wherever a Standard Valuation Method applies to measuring an indicator, the same standard should apply, as far as reasonably possible, in all other applicable calculations in this statement. |
1.3.6 | The Adjusted Recognition for Gender must be used for the purposes of calculating the Employment Equity, Skills Development and Management Control element of the QSE scorecard. |
1.3.7 | The B-BBEE compliance of a QSE must be determined in accordance with code 000. |
1.3.8 | Any matter concerning the application of the QSE scorecard that is not dealt with explicitly in this scorecard must be dealt with in terms of ICT Codes 100-700. |
1.4 | Transitional period |
1.4.1 | The ICT Sector Code shall come into effect from the date of gazette. Entities in the ICT Sector shall apply the ICT Sector Code for measurement of their B-BBEE status. |