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Broad-Based Black Economic Empowerment Act, 2003

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To establish a legislative framework for the promotion of black economic empowerment; to empower the Minister to issue codes of good practice and to publish transformation charters; to establish the Black Economic Empowerment Advisory Council; and to provide for matters connected therewith.

 

Last update: October 2012


Copyright: This Act reproduced under Government Printers Copyright Authority 10154 dated 20 March 1996


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Latest Developments:

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Notice in terms of Section 14(1) of the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003), Government Gazette 40053, Notice No. R. 689, dated 6 June 2016.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been updated by Government Gazette 37271, Notice No. 55, Broad-Based Black Economic Empowerment Amendment Act, 2013 (Act No. 46 of 2013), dated 27 January 2014.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Government Gazette 36928, General Notice 1019, dated 11 October 2013. Issue of Codes of Good Practice. Determine that these Codes will come into operation within twelve (12) months from date of this publication.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Government Gazette 35423, dated 6 June 2012 – Notice 485; Codes of Good Practice (ICT Sector).

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been updated by Government Gazette 35400 dated 1 June 2012 - Notice 450; Codes of Good Practice.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) Government Gazette 29617 dated 9 February 2012 - Notice 112; Broad-Based Black Economic Empowerment Act: Codes of Good Practice on Black Economic Empowerment.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Chartered Accountancy Charter, Government Gazette 34267, Notice No. 277, dated 10 May 2011.

 

This Act has been updated by Notice no. 1162 of 2009 in Government Gazette No. 32511 dated 21 August 2009, (Integrated Transport Sector Codes) and a link created to the relevant Gazette.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Forest Sector Charter, Government Gazette 32320, Notice No. 873, dated 12 June 2009.

 

This Act has been updated with Notice 862 of 2009 regarding Codes of Good Practice – Construction Sector Charter, published in Government Gazette No. 32305 dated 5 June 2009.

 

This Act has been updated by Government notice No. 810 of 2009 published in Government Gazette No. 32467 dated 31 July 2009.

 

The Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003) has been amended by Financial Sector Charter, Government Gazette 29610, Notice No. 110, dated 9 February 2007.

 

This Act, as published in Government Gazette No. 25899 dated 9 January 2004 (Act No. 53 of 2003) has been added to the site.