Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Sector Codes

Legal Sector Code, 2024

16. Compliance with Priority Elements

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16.1. A Large Enterprise is required to comply with all the Priority Elements.

 

16.2. A QSE is required to comply with Ownership as a compulsory element and either Skills Development or Enterprise and Supplier Development, excluding QSEs that are black owned and to which the provisions of paragraph 14.4 are applicable.