Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Financial Services Charter
Code Series FS100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment
Statement 100: The General Principles for Measuring Ownership
|7.1||Black Participants in a Trust, holding rights of ownership in a Measured Entity may contribute:|
|7.1.1||A maximum of 40% of the total points on the ownership scorecard of the Measured Entity if the trust meets the qualification criteria for Trusts set out in Annexe 100(B).|
|7.1.2||100% of the total points on the ownership scorecard of the Measured Entity if they meet the additional qualification criteria set out for Trusts in Annexe 100(B).|
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