BBBEE Act definition

BBBEE Act means the Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

BBBEE Act means the Broad-Based Black Economic Empowerment Act No. 53 of 2003 (as supplemented, amended, succeeded or replaced from time to time);

BBBEE Act means the Broad-Based Black Economic Empowerment Act, 53 of 2003, and any regulations and codes of good practice published thereunder (including the Codes);

Examples of BBBEE Act in a sentence

• Bidders who qualify as EMEs in terms of the B-BBEE Act must submit a certificate issued by an Accounting Officer as contemplated in the CCA or a Verification Agency accredited by SANAS or a Registered Auditor.Registered auditors do not need to meet the prerequisite for IRBA’s approval for the purpose of conducting verification and issuing EMEs with B-BBEE Status Level Certificates.

• A bidder who qualifies as an EME in terms of the B-BBEE Act must submit a sworn affidavit confirming Annual Total Revenue and Level of Black Ownership.

• Bidders who qualify as EMEs in terms of the B-BBEE Act must submit a certificate issued by an Accounting Officer as contemplated in the CCA or a Verification Agency accredited by SANAS or a Registered Auditor.

• Bidders who qualify as EMEs in terms of the B-BBEE Act must submit a certificate issued by an Accounting Officer as contemplated in the CCA or a Verification Agency accredited by SANAS or a Registered Auditor or original stamped affidavit signed by a commissioner of oaths or SAPS (download from dti website: www.thedti.gov.za).

• Bidders with annual total revenue of R10 million or less qualify as Exempted Micro Enterprises (EMEs) in terms of the B-BBEE Act must submit a certificate issued by a registered, independent auditor (who or which is not the Bidder or a part of the Bidder) or an accredited verification agency.

More Definitions of BBBEE Act

BBBEE Act means Broad-Based Black Economic Empowerment Act No, 53 of 2003, as amended from time to time;

BBBEE Act means the Broad Based Black Empowerment Economic Act (No. 53 of 2003), including any amendment, supplement, replacement or successor thereto, and any legislation or regulation of a similar or related nature adopted in The Republic of South Africa and any industry guidelines or scorecards established thereunder.

BBBEE Act means the Broad-Based Black Economic Empowerment Act 2003 (Act No. 53 of 2003) as amended from time to time;

BBBEE Act the Broad Based Black Economic Empowerment Act, No. 53 of 2003;

BBBEE Act means the Broad-Based Black Economic Empowerment Act, No. 53 of 2003, as amended or substituted from time to time, and any regulations promulgated thereunder;

BBBEE Act means the Broad-Based Black Economic Empowerment Act, 53 of 2003.

BBBEE Act means Broad-Based Black Economic Empowerment Act 2003 (Act No. 53 of 2003);