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.

  • 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.

  • It is our submission that merger control should not be utilised to address ownership issues but that these matters are better dealt with by other policy instruments e.g. the BBBEE Act.

  • An EME must submit a sworn affidavit confirming the following:▪ Annual turnover revenue of R10 million or less; and▪ Level of black ownership Any misrepresentation in terms of the above constitutes a criminal offence as set out in the B-BBEE Act as amended.

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


More Definitions of BBBEE Act

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