Older Persons Act, 2006
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CSC300: Measurement of the Management Control Element of Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC300: The General Principles for Measuring Skills Development4. Subminimum and Discounting Principle |
| 4.1 | A Measured Entity must achieve a minimum of 40% of the total Weighting points (excluding bonus points) set out in the Skills Development Element |
| 4.2 | Non-compliance to the threshold targets will result in the overall achieved B-BBEE status level being discounted in accordance with paragraph 3.6.3 of statement CSC000. |
