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

Codes of Good Practice on Black Economic Empowerment

Code Series 000: Framework for Measuring Broad-Based Black Economic Empowerment

Statement 000 : General Principles and Generic Scorecard

11. Transitional period


11.1) For the first year after the commencement of this statement, a measured entity may elect to use –


11.1.1) the Generic Scorecard; or


11.1.2) the transitional scorecard.


11.2) Thereafter, all B-BBEE compliance measurement under the Codes for Medium and Large enterprises is subject to the use of the Generic Scorecard.


11.3) The transitional scorecard assigns a BEE Status based on the Ownership and Management Control of the entity calculated in terms of the formula below:



A = B x 1.92



A is the indicative BEE Status during the transitional period


B is the total score achieved under Code series 100 and 200