Electronic Communications Act, 2005 (Act No. 36 of 2005)RegulationsAmendment Regulations in respect of the Limitations of Control and Equity Ownership by Historically Disadvantaged Groups (HDGs) and the application of the ICT Sector Code, 20212. Purpose of the Regulations |
| (1) | The purpose of these Regulations is to promote equity ownership by historically disadvantaged groups and to promote B-BBEE. In achieving this, these Regulations will: |
| (a) | facilitate diversity and transformation in the ICT Sector by promoting B-BBEE, with particular attention to the needs of women, opportunities for youth and challenges for persons with disabilities; |
| (b) | prescribe the application of the HDG Equity Requirement; and |
| (c) | provide the manner in which compliance with the HDG Equity Requirement, Black Equity Requirement and B-BBEE Contributor Status Level requirements will be verified, monitored and enforced. |