Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Amended Codes of Good Practice (2017)
Amended Code Series CSC100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment in the Construction Sector
Statement CSC100: The General Principles for Measuring Ownership
Annexe CSC100 (E
6. Calculation of the Bonus Points
The bonus points in paragraph 2.4 is calculated merely by determining whether the answer to the question of whether or not the particular threshold for Voting Rights have been exceeded is answered in the affirmative (i.e. “Yes”) or not. The full bonus point for each sub-gategory is either earned or not. For the avoidance of doubt - no partial recognition of the bonus points per category is possible.