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
5. Eligibility as a Qualifying Small Enterprise
|5.1)||Any enterprise with an annual Total Revenue of between R5 million and R35 million qualifies as a Qualifying Small Enterprise.|
|5.2)||A QualifyingSmallEnterprise mustselectanyfourofthesevenElements of B-BBEE for the purposes of measurement under the Qualifying Small Enterprise Scorecard contained in Code 800. Where a Qualifying Small Enterprise does not make a selection, its four best element scores will be used for the purposes of measurement.|
Join our mailing list!