Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS000: Framework for Measuring Broad-Based Black Economic EmpowermentStatement 000: General Principles and the Scorecard3. Application of the Financial Sector Code |
| 3.1 | This Financial Sector Code is applicable to all entities as defined under the paragraph titled, "Scope of Application" under the Preamble section of this document. |
3.2 The basis for measuring the B-BBEE compliance of an entity in terms of paragraph 3.1 is:
3.2.1 paragraph 4, in the case of an Exempted Micro-Enterprise (EME);
3.2.2 The QSFI statements in Code series FS900, in the case of a Qualifying Small Financial Institution (QSFI);
3.2.3 The Scorecard, in the case of other enterprises.
