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

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for Black Economic Empowerment

Code Series 100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 100: The General Principles for Measuring Ownership

10. Realisation points
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10.1Ownership Fulfilment occurs:
10.1.1on the release of all black Participants in a Measured Entity from all third-party rights arising from the financing of their transaction with the Measured Entity; or
10.1.2if all black Participants in the Enterprise have never been subject to any such third-party rights.
10.1.3A score of 7 points for Net Value is a requirement for awarding the Ownership Fulfilment point.