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

14. Regulations, guidelines and practice notes

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(1)The Minister may make regulations with regard to—
(a)any matter that in terms of this Act may or must be prescribed;
(b)the lodging of complaints with the Commission;
(c)the conducting of investigations by the Commission;
(d)the information that any organ of state, public entity or private enterprise is required to provide to the Commission and the form and period of such reporting;
(e)requiring all broad-based black economic empowerment transactions above a prescribed threshold to be reported to the Commission; and
(f)any ancillary or incidental administrative or procedural matter that it is necessary to prescribe for the proper implementation and administration of this Act.

 

(2)The Minister may by notice in the Gazette issue guidelines and practice notes relating to the interpretation and application of this Act.

 

[Section 14 amended by section 9 of Act No. 46 of 2013]