Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Codes of Good Practice on Black Economic Empowerment
Code Series 600 : Measurement of Enterprise Development Element of Broad-Based Black Economic Empowerment
Statement 600 : The General Principles for Measuring Enterprise Development Element
Annexe 600 B
|A)||Qualifying Contributions are measurable on the following basis:|
A = B x D
A is the score achieved in respect of the Qualifying Contributions made by the Measured Entity.
B is the value of all Qualifying Contributions made by the Measured Entity measured from the commencement of this statement or the Inception Date to the date of measurement.
C is the compliance target in respect of the Qualifying Contributions as specified in the scorecard for statement 600.
D is the Weighting points allocated to the criteria under the scorecard for statement 600.