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

Amended Codes of Good Practice (2013)

Amended Code Series 300: The General Principles for Measuring Skills Development

Statement 300: The General Principles for Measuring Skills Development

6. Legitimate Recognisable Training Expenses

6.1.1

costs of training materials;

6.1.2

costs of trainers;

6.1.3

costs of training facilities including costs of catering;

6.1.4

scholarships and bursaries;

6.1.5

course fees;

6.1.6

accommodation and travel; and

6.1.7

Administration costs such as the organization of training including, where appropriate, the cost to the Measured Entity of employing a Skills Development facilitator or a training manager.