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 Scorecard5. Eligibility as a Qualifying Small Financial Institution |
| 5.1 | A Financial Institution with designated investments of less than R50 million and with an annual total revenue of between R5 million and R35 million qualifies as a Qualifying Small Financial Institution. |
| 5.2 | A QSFI must select any five of the eight Elements of B-BBEE for the purposes of measurement under the QSFI Scorecard contained in Code series 900. Where a QSFI does not make a selection, its five best element scores will be used for the purposes of measurement. |
