Notice 997 of 2012 |
Notice No. 997 of 2012
Issued in terms of Section 9(1) of the B-BBEE Act 53, 2003
(Department of Trade and Industry)
CODES OF GOOD PRACTICE ON BROAD-BASED BLACK ECONOMIC EMPOWERMENT
Whereas I, Dr Rob Davies, Minister of Trade and Industry:
| (a) | Having issued the Phase II Draft Financial Services Sector Code (Draft FSC) for public comment in terms of Section 9(5) of the Broad Based Black Economic Empowerment Act (Act No. 53 of 2003) on 02nd March 2012 in terms of which; |
| (b) | the public and interested parties were invited to comment on the Draft Sector Code for 60 days from the date on which the Draft Sector Code was published, |
| (c) | Now publish the Financial Services Charter as a Sector Code on black economic empowerment in terms of Section 9(1) of the B-BBEE Act 53 of 2003. |
This notice is effective from the date of publishing and means that the Financial Services Sector Code is binding on all stakeholders operating in the Financial Services Sector.
Dr Rob Davies, MP
Minister of Trade and Industry
Date: 14/11/12