Medicines and Related Substances Act, 1965
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CSC100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC100: The General Principles for Measuring Ownership3. Key Measurement Principles3.5 Exclusion of Specified Entities when determining Ownership |
3.5.1 | When determining Ownership in a Measured Entity, Ownership held by Organs of State or Public Entities must be excluded. |
3.5.2 | The exclusion of Ownership held by Organs of State or Public Entities is to be effected before any other Ownership discounting methods are to be applied. |
3.5.3 | In calculating their Ownership score, Measured Entities must apply the Exclusion Principle to any portion of their Ownership held by Organs of State or Public Entities. |