South African Institute for Drug Free Sport Act, 1997
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS100: Measurement of the Ownership Element of Broad-Based Black Economic EmpowermentStatement 102: Recognition of the Sale of Assets5. Recognition of Sale of Assets, Equity Instruments and Businesses |
| 5.1 | A Seller seeking recognition of a Transaction in its Ownership Scorecard must determine that recognition under paragraph 4 in compliance with paragraph 2.3 of Statement 000: |
| 5.1.1 | For the first three years after the transaction, based on data current on date of measurement; |
| 5.1.2 | For each year thereafter, based on: |
| 5.1.2.1 | The Indicator Percentages at the date of measurement; and |
| 5.1.2.2 | The values of the Qualifying Transaction and benefit to the Seller at the date of measurement in the third year after the transaction. |
