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

Codes of Good Practice on Broad-Based Black Economic Empowerment

Amended Property Sector Code

11. The B-BBEE Amended Property Sector Code QSE Scorecard
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11.1The amended Property QSE Sector code scorecard element weighting is as follows:

 

ELEMENT

CODE

NUMBERS

WEIGHTING

AMENDED PROPERTY SECTOR CODE

Ownership

Code 701

27 points

Management Control

Code 702A

9 points

Employment Equity

Code 702B

11 points

Skills Development

Code 703

17 points

Enterprise and Supplier Development

Code 704

35 points

Socio-Economic Development

Code 705

2 points

Economic Development

Code 706

4 points

TOTAL

105 points