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

Amended Codes of Good Practice (2013)

Amended Code Series 100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 100: The General Principles for Measuring Ownership

Key measurement principles

3.2 Sub-Minimum Requirements
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3.2Sub-Minimum Requirements

 

3.2.1A Measured Entity is required to achieve a minimum of 40% on Net Value points (i.e. 8 points) based on Annexe 100 (E) paragraph 4 of this statement.

 

3.2.2Non-compliance with this sub-minimum target, as per paragraph 3.2.1, will result in the achieved B-BBEE status level being discounted in accordance with paragraph 3.4 in statement 000.