Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Verification Manual18. Appendices-Certificates |
18.1 | The following example certificates are included in Appendix 1: |
18.1.1 | Sample 1 - The standard Verification Certificate for the 7 elements of the scorecard. (The scores allocated for the specific elements selected by a QSE for verification would simply be reflected for those elements of the Verification Certificate.) |
18.1.2 | Example 2 - The standard Verification Certificate for EMEs qualifying as level 4 contributors. |
18.1.3 | Example 3 - The standard Verification Certificate for EMEs qualifying as level 3 contributors. |
18.2 | As the Verification Certificate may be made publicly available by the measured entity, for example when engaging with third parties seeking confirmation of the BBBEE status of the entity or in tenders submitted by the measured entity, it is advisable that the Verification Agency keeps a record of all Verification Certificates. |