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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Bus Commuter and Coach Services Sub-Sector Code for B-BBEE

1. Introduction and Background

1.2 Duration of the Bus Commuter and Coach Services Sub-Sector Code
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This Sub-Sector Code shall remain in effect until amended, substituted and repealed under Section 9 of the B-BBEE Act, or with the parties to this Sub-Sector Code process agreeing to do so.

 

The Transport Charter Council that will be established pursuant to this gazette will review this Sub-Sector Code following the end of the 5th year after its gazetting and despite the aforementioned, it shall be reviewed on an annual basis for monitoring purpose.

 

1.2.1All stakeholders commit to:

 

1.2.1.1review the Bus Sector B-BBEE Sub-Sector Code following the end of the fifth (5) year after the commence date; and

 

1.2.1.2conduct annual reviews to monitor the implementation of B-BBEE throughout the sector.