Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Codes of Good Practice on Black Economic Empowerment
Code Series 700 : Measurement of Socio-Economic Development Elements of Broad-Based Black Economic Empowerment
Statement 700 : The General Principles for Measuring the Socio-Economic Development Element
5. The Benefit Factor Matrix
The Minister may from time to time, by notice in the Gazette, revise or substitute the Benefit Factor Matrix. Any changes will only be applicable to Compliance Reports prepared for a Measured Entity in respect of the first 12-month period following the gazetting of a revision or substitution.