Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Purchase

The objectives of this statement are to:

1 .1	Specify the scorecard for measuring the Ownership Element of B-BBEE;

1.2	Define the key measurement principles associated with the Ownership Element of B-BBEE;

1 .3	Specify the specific measurement principles applicable to various types of enterprises;

1.4	Specify the specific measurement principles applicable to various types of equity instruments; and

1.5	Specify the formula for measuring Voting Rights, Economic Interest, Net Value Points, Realisation Points and Bonus Points.