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 AssetsAnnexe 102(A) |
This formula determines the Equivalency Percentages under paragraphs 2.1 to 2.5 of Table 2a of the Ownership Scorecard.
Where
A= B/C x D
A is the Equivalency Percentage
B is the value of the Qualifying Transaction to the Associated Enterprise determined using a Standard valuation method
C is the value of the Seller determined using a Standard valuation method
D is the Indicator Percentages of the Associated Enterprise
