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

Codes of Good Practice on Black Economic Empowerment

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

Statement 100 : The General Principles for Measuring Ownership

1. Objectives of this Statement
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The objectives of this statement are to:

 

1.1)specify the scorecard for measuring the ownership Element of Broad-Based Black Economic Empowerment (B-BBEE);

 

1.2)define the key measurement principles associated with the ownership Element of B-BBEE;

 

1.3)specify the specific measurement principles applicable to various types of Enterprises;

 

1.4)specify the specific measurement principles applicable to various types of Equity Instruments;

 

1.5)specify the formula for measuring Voting Rights, Economic Interest, Realisation Points and bonus points.