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

Codes of Good Practice on Black Economic Empowerment

Code Series 000: Framework for Measuring Broad-Based Black Economic Empowerment

Statement 004 : Scorecards for SPECIALISED Enterprises

1. Objective of this statement

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The objectives of this statement are to:

 

1.1)provide guidance about the treatment of Ownership for Specialised Enterprises, for B-BBEE purposes, of:

 

1.1.1)companies limited by guarantee;

 

1.1.2)Higher Education Institutions;

 

1.1.3)Non-profit Organisations;

 

1.1.4)public entitles and other Enterprises wholly owned by organs of state;

 

1.1.5)Public Benefit Schemes; and

 

1.1.6)section 21 companies; and

 

1.2)specify scorecards applicable to Measured Entities subject to this statement.