Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS600: The Measurement of the Enterprise Development and/or Empowerment Financing Element of Broad-Based Black Economic EmpowermentStatement 601: The Measurement of the Enterprise Development Element for Measured Entities that are exempted from contributing towards Empowerment FinancingAnnexe 600(B) |
A: Qualifying Contributions are measurable on the following basis:
A = B/C x D
Where
A is the score achieved in respect of the Qualifying Contributions made by the Measured Entity
B is the value of all Qualifying Contributions made by the Measured Entity
C is the compliance target in respect of the Qualifying Contributions as specified in the scorecard for statement 601
D is the Weighting points allocated to the criteria under the scorecard for statement 601.
