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
6. Calculating Compliance
|6.1)||The Management Control indicators provided for in the Management Control Scorecard must be calculated in terms of formulas "B" and "C" in Annexe 200(A).|
|6.2)||If a Measured Entity gains a score for a Management Control indicator that is more than the relevant weighting points, that Enterprise will only receive the Weighting points.|
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