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

Statement 200 : The General Principles for Measuring Management Control

1. Objectives of this Statement

 

The objectives of this statement are to specify-

 

1.1) the scorecard for measuring the Management Control Element of B-BBEE:

 

1.2) define the key measurement principles associated with the Management Control Element of B-BBEE; and

 

1.3) the calculations for measuring compliance