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 103 : Recognition of Equity equivalents for multinationals

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

 

1.1)define the means by which Multinationals may apply for recognition of Equity Equivalent Programmes;

 

1.2)specify how contributing towards the Ownership Element of B-BBEE by Multinationals is measurable.