Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Amended Codes of Good Practice (2013)
Amended Code Series 500: Measurement of the Socio-Economic Development Elements of Broad-Based Black Economic Empowerment
Statement 500: The General Principles for Measuring the Socio-Economic Development Element
5. The Benefit Factor Matrix
The Minister may from time to time, by notice in the gazette, revise or substitute the Benefit Factor Matrix. Any changes will only be applicable to Compliance Reports prepared for a Measured Entity in respect of the first 12-month period following the gazetting of a revision or substitution.
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