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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 003 : Guidelines for Developing and Gazetting of Transformation Charters and Sector Codes

1. Objective of this statement


The objectives of this statement are to specify:


1.1) the manner of gazetting Transformation Charters under section 12 of the Act;


1.2) the process for developing and gazetting of Sector Codes under section 9 of the Act;


1.3) the status of Transformation Charters and Sector Codes;


1.4) the status of enterprise B-BBEE plans; and


1.5) recommend an approach for drawing up Transformation Charters.