Examples of BBBEE Act in a sentence
Points are based on a tenderer’s scorecard measured in terms of the Broad-Based Black Economic Empowerment Act (B-BBEE, Act 53 of 2003) and the Regulations (2017) to the Preferential Procurement Policy Framework Act (PPPFA, Act 5 of 2000).
The Supplier represents, warrants and undertakes to PPECB that neither it nor any its Affiliates, officers, employees, shareholders, representative or agents is or has been involved in Fronting Practices, as defined in the Broad-Based Black Economic Empowerment Act, 53 of 2003, as amended ("B-BBEE Act"); or committed any other offence under the B-BBEE Act.
B-BBEE Commission, in terms of Section 13F (4) of BBBEE Act, is required to liaise with any regulatory authority on matters of common interest and may exchange or receive information from such regulatory authority pertaining to matters of common interest or to a specific complaint or investigation.
The BBBEE Act trumping provision came into effect in October 2015 and the DTI has given the DMR exemption until October 2016 to get the new Mining Charter in place.
In developing this 2015 - 2019 EE Plan, we have taken into account the principles as outlined in the Amended EE Act and its Regulations, the 2013 BBBEE Act and Codes, as well as the 2013 MPRDA currently before the office of the President for signature, in particular the definition of HDSA.