Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Financial Sector Charter on Black Economic Empowerment
4. Ownership and Control Scoring
For the purposes of paragraph 10.2 of the charter, if within 3 months of a reporting date an institution ceases to comply with the provisions of paragraph 11.1 for reasons beyond its control, but re-establishes compliance by the time the report is due, it will be deemed to have complied at the reporting date.
Best Selling Products