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

Notices

Empowering Supplier Status

Notice No. 708 of 2016
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Notice No. 708 of 2016

 

Department of Trade and Industry

 

I, Dr. Rob Davies, Minister of Trade and Industry, by virtue of the powers vested in me in terms of section 14 (2) of the Broad -Based Black Economic Empowerment Act, 2003 (B -BBEE Act No. 53 of 2003) as amended by B -BBEE Amendment Act No.46 of 2013; issue the following gazette notice regarding the application of the Empowering Supplier Status:

 

(a) The recognition of empowering supplier status for the inaugural year of the Amended Codes of Good Practice, as determined by Paragraph 1(d) of Notice 444 of 2015, is hereby extended until further determination. All valid B -BBEE Verification Certificates, Exempt Micro Enterprise and relevant Qualifying Small Enterprise Sworn Affidavits and CIPC Certificates issued on or prior to 30 April 2016 will be automatically recognised as an Empowering Supplier until the date of expiry of that B -BBEE Verification Certificate, Sworn Affidavit or CIPC Certificate.
(b) Any Entity measured on or after 1 May 2016 will automatically be recognised as an

 

 

 

Dr Rob Davies, MP

Minister of Trade and Industry

1 September 2016