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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

13B. Establishment and status of Broad-Based Black Economic Empowerment Commission


(1) The Broad-Based Black Economic Empowerment Commission is hereby established as an entity within the administration of the Department.


(2) The Commission is headed by a Commissioner appointed by the Minister.


(3) The Commission—
(a) has jurisdiction throughout the Republic;
(b) must be impartial and perform its functions without fear, favour or prejudice; and
(c) must exercise the functions assigned to it in terms of this Act or any other law—
(i) in the most cost-effective and efficient manner; and
(ii) in accordance with the values and principles mentioned in section 195 of the Constitution;


(4) The Minister may issue directives of a general nature, which are consistent with this Act, to the Commission concerning the performance of its functions and the Commission must comply with any such directive.


(5) Each organ of state must assist the Commission to exercise its authority and perform its functions effectively.


[Section 13B inserted by section 8 of Act No. 46 of 2013]