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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Broad-Based Black Economic Empowerment

Property Sector Charter

6. Role of Council



(6.1) The Property Sector Charter Council ("the Charter Council") represents all stakeholders in the sector. The mandate of the Charter Council includes:
(6.1.1) To constitute an executive structure with adequate capacity;
(6.1.2) To oversee and monitor the implementation of the sector code;
(6.1.3) To receive, consider and approve annual enterprise B-BBEE reports;
(6.1.4) To issue guidance notes on the interpretation and application of the sector code;
(6.1.5) To prepare annual reports on progress in implementing the sector code; and
(6.1.6) To liaise with and report to the Black Empowerment Advisory Council ("the BEE Advisory Council") on transformation of the property sector.