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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 004 : Scorecards for SPECIALISED Enterprises

1. Objective of this statement


The objectives of this statement are to:


1.1) provide guidance about the treatment of Ownership for Specialised Enterprises, for B-BBEE purposes, of:


1.1.1) companies limited by guarantee;


1.1.2) Higher Education Institutions;


1.1.3) Non-profit Organisations;


1.1.4) public entitles and other Enterprises wholly owned by organs of state;


1.1.5) Public Benefit Schemes; and


1.1.6) section 21 companies; and


1.2) specify scorecards applicable to Measured Entities subject to this statement.