Acts Online
GT Shield

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

Codes of Good Practice on Broad-Based Black Economic Empowerment

Amended Property Sector Code

13. Role of Council


13.1 The Property Sector Charter Council (“the Charter Council”) represents all stakeholders in the sector. The mandate of the Charter Council includes:
13.1.1 To constitute an executive structure with adequate capacity;
13.1.2 To oversee and monitor the implementation of the sector code;
13.1.3 To receive, consider and approve annual enterprise B-BBEE reports;
13.1.4 To issue guidance notes on the interpretation and application of the sector code; and
13.1.5 To prepare annual reports on progress in implementing the sector code.
13.1.6 May offer support to the industry where conflicting opinions between regulators exist.