Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CSC500: Measurement of the Preferential Procurement and Supplier Development Element of Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC500: The General Principles for Measuring the Socio-Economic Development Element1. Objectives of this Statement |
The objectives of this statement are to specify:
| 1.1 | The Socio-Economic Development (SED) element and Sector Specific Contributions scorecard for the Construction Sector; |
| 1.2 | The key measurement principles applicable when calculating Qualifying Socio-Economic Contributions; and |
| 1.3 | The formula for calculating the individual criteria specified in the SED scorecard. |
