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 102: Recognition in the Sale of Assets

1. Objectives of this statement
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The objectives of this statement are to:

1.1Set out the conditions where the Sale of Assets, Equity Instruments and other Businesses will be recognised.
1.2Set out how the Ownership points will be determined.