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)7. Statement 806 : Enterprise Development for QSE's7.2 Key Measurement Principles |
| 7.2.1) | Measured Entitles receive recognition for any Qualifying Contributions that are quantifiable as a monetary value using a Standard valuation method. |
| 7.2.2) | Qualifying Contributions of any Measured Entity are recognisable: |
| 7.2.2.1) | from the commencement date of this statement, or an earlier date chosen by the Measured Entity (the Inception Date); |
| 7.2.2.2) | until the date of measurement. |
| 7.2.3) | No portion of the value of any Qualifying Contribution that is payable to the beneficiary after the date of measurement can form part of any calculation under this statement. |
| 7.2.4) | The recognition of Enterprise Development contributions must be determined in accordance with statement 600. |