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

Codes of Good Practice on Broad-Based Black Economic Empowerment

Property Sector Charter

Notice No. 450 of 2012
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Notice No. 450 of 2012

 

Issued in terms of Section 9(1) of the B-BBEE Act 53, 2003

 

Department of Trade and Industry

 

Whereas I, Dr Rob Davies, Minister of Trade and Industry:

 

(a)Having issued the Property Sector Code for public comment in terms of Section 9(5) of the Broad Based Black Economic Empowerment Act (Act No. 53 of 2003) on 15 October 2011 in terms of which;
(b)The public and interested parties were invited to comment on the Draft Sector Code for 60 days from the date on which the Draft Sector Code was published,
(c)Now publish the Property Sector Charter as a Sector Code on Black Economic Empowerment in terms of Section 9(1) of the Broad Based Black Economic Empowerment Act (Act No. 53 of 2003).

 

This notice is effective from the date of publishing and means that the Property Sector Code is binding on all stakeholders operating in the Property Sector.

 

 

Dr Rob Davies, MP

Minister of Trade and Industry

5/5/2012