Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Financial Services Charter
Code Series FS200: The Measurement of the Management and Control Element of Broad-Based Black Economic Empowerment
5. Calculating Compliance
|5.1||The Management Control indicators provided for in the Management Control scorecard must be calculated in terms of formulas "B" and "C" in Annexe FS200(A).|
|5.2||If a Measured Entity gains a score for a Management Control indicator that is more than the relevant weighting points, that Entity will only receive the maximum weighting points.|
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