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 FS500: The Measurement of the Procurement Element of Broad-Based Black Economic Empowerment4. The Calculation of Preferential Procurement Contributions to B-BBEE |
| 4.1 | A Measured Entity receives a score for Procurement in proportion to the extent that it meets the compliance target |
| 4.2 | The B-BBEE Procurement spend of a Measured Entity in respect of a supplier is calculated by multiplying the spend as per paragraph 3 in respect of that supplier by the supplier's B-BBEE recognition level. |
| 4.3 | The Measured Entity's score for Preferential Procurement contributions to B-BBEE under the preferential procurement scorecard can be calculated in terms of formula "B" in Annexe 500(A). |
