Acts Online
GT Shield

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 103 : Recognition of Equity equivalents for multinationals

1. Objectives of this statement


The objectives of this statement are to:


1.1) define the means by which Multinationals may apply for recognition of Equity Equivalent Programmes;


1.2) specify how contributing towards the Ownership Element of B-BBEE by Multinationals is measurable.