Rules for discretionary collective enterprises and BEE

Source: Government Gazette Number 44591 The purpose of the article is to provide clarity on how ownership by entities such as Broad-Based Schemes, Employee Share Ownership Programmes, Trade Unions, Not-for-Profit Companies, Co-operatives, Trusts (together “Collective Enterprises”) should be interpreted under the B-BBEE Codes of Good Practice (the “Codes) and arising from the DTIC’s Practice Note. […]