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

Industry Charters

Financial Services  Charter

Code Series FS100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 103: The Recognition of Equity Equivalents

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

 

1.1Define the means by which measured entities may recognise Equity Equivalent Programmes;

 

1.2Specify how contributing towards the Ownership Element of B-BBEE by entities applying equity equivalents is measurable.