Foodstuffs, Cosmetics and Disinfectants Act, 1972
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Code Series 000: Practice Note 1 of 2018Statement 000 - Youth Employment Service Initiative5. B-BBEE Verification Requirements for the Y.E.S Initiative |
| 5.1 | B-BBEE Verification Agencies will be assessed by the SANAS at Assessment stages in terms of the verification of the Y.E.S Initiative within Y.E.S Measured Entities. |
| 5.2 | For Overall Y.E.S B-BBEE Verification Requirements, the following will be required but not limited to: |
| • | Confirmation of Registration and Placement start date with the Y.E.S Non-Profit Company |
| • | Previous B-BBEE Certificate and Report (Where applicable) |
| • | Proof of non-displacement of current B-BBEE Initiatives and maintenance of B-BBEE Status Levels |
| • | Signed Annual / Audited Financial Statements for the last 3 Years to calculate the NPAT Targets |
| 5.3 | For Y.E.S B-BBEE Verification Requirements Linked to Employment, the following will be required by the B-BBEE Verification Agency but not limited to: |
| • | EEA2 Report (where applicable) |
| • | EEA4 Report (where applicable) |
| • | Proof of submission of EEA2 & EEA4 Report to Department of Labour (where applicable) |
| • | Employee list as at Measurement Date - To Calculate Headcount Targets |
| • | Payroll report closest to Measurement Date - To Calculate Headcount Targets |
| • | Samples of Certified copies of IDs of Black Youth that have been appointed |
| • | EEA1 and doctors report for disabled Black Youth (If applicable) |
| • | Samples of Signed Employee / Workplace contracts |
| • | Samples of Interviews |
| • | Samples of Payslips |
| 5.4 | For Y.E.S B-BBEE Verification Requirements Linked to Skills Development by the B-BBEE Verification Agency, the following will be required but not limited to: |
| • | EMP201s for the Measurement Period |
| • | WSP and ATR-Report and Pivotal Report and confirmation of submission |
| • | Skills Development Expenditure list for Measurement Period / Categorised according to Skills Development Matrix |
| • | Samples of Proof of attendance |
| • | Samples of Certified copies of IDs |
| • | Source documents such as invoices, receipts etc. |
| • | EEA1 declaration, doctors report, employment contract for disabled employees |
| • | Samples of Interviews |
