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

Codes of Good Practice on Black Economic Empowerment

Code Series 800 : Codes of Good Practice for Qualifying Small Enterprises (QSE’s)

1. Statement 800 : The Framework for the QSE Scorecard and Exempted Micro-Enterprises

1.2 Eligibility as a QSE

Purchase

1.2.1)

Any enterprise with an annual Total Revenue of between R5million and R35million qualifies as a QSE, if its qualification does not result from circumvention of the codes.