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

Amended Codes of Good Practice (2013)

Amended Code Series 500: Measurement of the Socio-Economic Development Elements of Broad-Based Black Economic Empowerment

Statement 500: The General Principles for Measuring the Socio-Economic Development Element

4. Measurement of Socio-Economic Development Contributions

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Socio-Economic Development Contributions are measurable using the formula in Annexe 500 (B).