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

Codes of Good Practice on Black Economic Empowerment

Code Series 200: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 200 : The General Principles for Measuring Management Control

6. Calculating Compliance
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6.1)The Management Control indicators provided for in the Management Control Scorecard must be calculated in terms of formulas "B" and "C" in Annexe 200(A).

 

6.2)If a Measured Entity gains a score for a Management Control indicator that is more than the relevant weighting points, that Enterprise will only receive the Weighting points.