Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 000: Framework for Measuring Broad-Based Black Economic EmpowermentStatement 004 : Scorecards for SPECIALISED Enterprises3. The Adjusted Generic Scorecard |
3.1) | The following table represents the Adjusted Generic Scorecard and contains the: |
3.1.1) | Elements of the scorecard; |
3.1.2) | weightings, and |
3.1.3) | the Code series reference that specify the mechanisms for measurement and calculation of each of the Elements of the scorecard (Code series 100 - 700). |
Element |
Weighting |
Code series reference |
Management control |
15 points |
200 |
Employment equity |
15 points |
300 |
Skills development |
20 points |
400 |
Preferential procurement |
20 points |
500 |
Enterprise Development |
15 points |
600 |
Socio-Economic Development |
15 points |
700 |
3.2) | All other terms of statement 000 apply to Measured Entities subject to this statement mutatis mutandis. |