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

is a Sectoral Transformation Code as defined in section 9 of the Broad-Based Black Economic Empowerment Act 53 of 2003 (as amended to BBBEE Amendment Act No. 46 of 2013).

means the Broad-Based BEE Scorecard published in the government gazette on 8th of December 2017 in terms of Section 9(1) of the Act.

means the Companies and Intellectual Property Commission

means an entity with an annual turnover of less than R10 million.

means an entity with an annual turnover of R 50 million and more.

means Qualifying Small Entity that qualifies for measurement under the qualifying small enterprise scorecard with an annual turnover of between R10 and R50 million.

is the certification that enables importers to import products at a reduced or nil rate of import duty in terms of the SADC-EU EPA Agreement.

is a web based system controlling the local export certification of liquor products; the system is governed and prescribed by the Liquor Products Act and the regulations pertaining to it.

is a trade and development agreement negotiated between the EU and African, Caribbean and Pacific (ACP) partners engaged in regional economic integration processes.

means the South African National Accreditation System (SANAS) is recognized by the South African Government in Act 19 of 2006 as the single National Accreditation Body that gives formal recognition that Laboratories, Certification Bodies, Inspection Bodies, Proficiency Testing Scheme Providers and Good Laboratory Practice (GLP) test facilities are competent to carry out specific tasks.