Introduction

CONTENTS

GENERAL NOTICE

Trade and Industry, Department of

General Notice

112 Broad-Based Black Economic Empowerment Act (53/2003): Codes of Good Practice on Black Economic

Empowerment 29617

General Notice

NOTICE 112 OF 2007

DEPARTMENT OF TRADE AND INDUSTRY

CODES OF GOOD PRACTICE ON BLACK ECONOMIC EMPOWERMENT I, Mandisi Mpahlwa, Minister of Trade and Industry, hereby –

(a)    issue the following Codes of Good Practice under Section 9(1) of the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003); and

(b)    determine that these Codes will come into operation on the date of this publication.

MINISTER OF TRADE AND INDUSTRY DATE: 09-02-2007

REPABOLIKI YA AFERIKA BORWA REPUBLIEK VAN SUID AFRIKA

BROAD-BASED BLACK ECONOMIC EMPOWERMENT CODES OF GOOD PRACTICE

Section 9(1): Codes of Good Practice

The Minister of Trade and Industry hereby issues the following Code of Good Practice under section 9(1) of the Broad-Based Black Economic Empowerment Act 53 of 2003.

INDEX FOR THE CODES

Index of Code Series

Code Series Code Title

000    Framework for measuring Broad-Based Black Economic Empowerment

100    Measurement of the Ownership Element of Broad-Based Black Economic

Empowerment

200    Measurement of the Management Control Element of Broad-Based Black

Economic Empowerment

300    Measurement of the Employment Element of Broad-Based Black Economic

Empowerment

400    Measurement of the Skills Development Element of Broad-Based Black

Economic Empowerment

500    Measurement of the Preferential Procurement Element of Broad-Based Black

Economic Empowerment

600    Measurement of the Enterprise Development Element of Broad-Based Black

Economic Empowerment

700    Measurement of the Socio-Economic Development Element of Broad-Based

Black Economic Empowerment

800    Measurement of QualifyingSmall Enterprises of Broad-Based Black Economic

Empowerment

Index for generic Statements

Statement Number Code Series and Statement Title

000    Code series 000 – General principles and the Generic Scorecard

003    Code series 000 – Guidelines for the development and gazetting of

Transformation Charters and Sector Codes

004    Code series 000 – Scorecards for specialised Enterprises

100    Code series 100 – The general principles for measuring Ownership

102    Code series 100 – Recognition of the Sale of Assets

103    Code series 100 – The recognition of Equity Equivalents for Multinationals

200    Code series 200 – The general principles for measuring Management

Control

300    Code series 300 – The general principles for measuring Employment

Equity

400    Code series 400 – The general principles for measuring Skills

Development

500 Code series 500 – The general principles for measuring Preferential Procurement

600 Code series 600 – The general principles for measuring Enterprise Development

700 Code series 700 – The general principles for measuring Socio-Economic Development

Special Index for Qualifying Small Enterprises

Statement Number Code Series and Statement Title

800 Code series 800

800 Code series 800 The Qualifying Small Enterprises Scorecard and Exempted Micro-Enterprises

801 Code series 800 Ownership for Qualifying Small Enterprises

802 Code series 800 Management Control for Qualifying Enterprises

803 Code series 800 Employment Equity for Qualifying Small Enterprises

804 Code series 800 Skills Development for Qualifying Small Enterprises

805 Code series 800 Preferential Procurement for Qualifying Small Enterprises

806 Code series 800 Enterprise Development for Qualifying Small Enterprises

807 Code series 800 Socio-Economic Development for Qualifying Small Enterprises