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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 100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 102 : Recognition in the sale of assets

1. Objectives of this statement


1) The objectives of this statement are to:


1.1) Set out the conditions where the Sale of Assets, Equity Instruments and other Businesses will be recognised.


1.2) Set out how the Ownership points will be determined.