Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentCode Series 800 : Codes of Good Practice for Qualifying Small Enterprises (QSE’s)1. Statement 800 : The Framework for the QSE Scorecard and Exempted Micro-Enterprises1.3 The QSE Scorecard |
| 1.3.1) | The following table represents the QSE Scorecard and contains the Elements of the scorecard and the Weightings for each element: |
Element |
Weighting |
Code Series 800 |
Framework |
800 |
|
Ownership |
25 points |
801 |
Management control |
25 points |
802 |
Employment equity |
25 points |
803 |
Skills development |
25 points |
804 |
Preferential procurement |
25 points |
805 |
Enterprise Development |
25 points |
806 |
Socio-Economic Development Contributions |
25 points |
807 |
| 1.3.2) | A QSE must select any four of the seven Elements of B-BBEE for the purposes of measurement under the QSE Scorecard. If a QSE does not make a selection, its four best element scores will be used for the purposes of measurement. |
| 1.3.3) | A QSE will be scored in proportion to the extent that it meets the compliance targets for those four elements. |
| 1.3.4) | The Weighting points in respect of any element in the scorecard represent the maximum number of points possible for each of the criteria. |
| 1.3.5) | Wherever a Standard Valuation Method applies to measuring an indicator, the same standard should apply, as far as reasonably possible, in all other applicable calculations in this statement. |
| 1.3.6) | The Adjusted Recognition for Gender must be used for the purposes of calculating the Employment Equity, Skills Development and Management Control element of the QSE scorecard. |
| 1.3.7) | The B-BBEE compliance of a QSE must be determined in accordance with code 000. |
| 1.3.8) | Any matter concerning the application of the QSE scorecard that is not dealt with explicitly in this scorecard must be dealt with in terms of codes 100-700. |