Older Persons Act, 2006
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS100: Measurement of the Ownership Element of Broad-Based Black Economic EmpowermentStatement 100: The General Principles for Measuring Ownership10. Net Value |
| 10.1 | Net value reflects the economic value of Ownership Rights after taking into account the carrying value of any acquisition debt. |
| 10.1.1 | Points are awarded in accordance with the formula in Annexe 100(C). The formula reflects that all acquisition debt should be extinguished within nine (9) years of the acquisition of Equity Interests by participants in order to score full points. |
