Black Designated Groups means: (a) unemployed black people not attending and not required by law to attend an educational institution and not awaiting admission to an educational institution; (b) Black people who are youth as defined in the National Youth Commission Act of 1996; (c) Black people who are persons with disabilities as defined in the Code of Good Practice on employment of people with disabilities issued under the Employment Equity Act; (d) Black people living in rural and under developed areas; (e) Black military veterans who qualifies to be called a military veteran in terms of the Military Veterans Act 18 of 2011;”
Black Designated Groups means a person that at the date of acquiring their Rights of Ownership in the relevant entity qualified as:(a) Unemployed Black People not attending and not required by law to attend an educational institution and not awaiting admission to an educational institution;(b) Black People who are youth as defined in the National Youth Commission Act of 1996;(c) Black People who are persons with disabilities as defined in the Code of Good Practice on employment of people with disabilities issued under the Employment Equity Act;(d) Black People living in rural and under developed areas;(e) Black military veterans who qualify to be called a military veteran in terms of the Military Veterans Act 18 of 2011.“Black New Entrants”means Black Participants who hold rights of ownership in a Measured Entity and who, before holding Equity Instruments in other Entities which has a total value of more than R50 million measured using a Standard Valuation Method.
Black Designated Groups means: (a) unemployed black people not attending and not required by law to attend an educational institution and not awaiting admission to an educational institution; (b) Black people who are youth as defined in the National Youth Commission Act of 1996; (c) Black people who are persons with disabilities as defined in the Code of Good Practice on employment of people with disabilities issued under the Employment Equity Act;
Examples of Black Designated Groups in a sentence
The desired future outcome that the CA Sector would like to achieve by means of the recommended activities is an increase in the percentages of Black People, and particularly Black Females and Black Designated Groups, in the ownership and management of CA entities; as well as an increase in Black CA’s in the Ownership structure – measured in terms of exercisable voting rights, economic interest, Board participation (Black directors) and management positions at all levels.
The Supplier shall aim to set aside 30% (thirty percent) of its procurement spend on service providers for Black Designated Groups that are within the district municipality of the Mine.
Table 2a represents the indicators and method for calculating a score for ownership for local measured entities:Table 2a Ownership2.5. Economic Interest of Black Designated Groups, Black Participants in Employee Share Ownership Schemes, Black Participants in Broad-Based Ownership Schemes and/or Black Participants in Co-ops For 2.7, the target will apply to economic interest as a result of Direct or Indirect B- BBEE ownership in excess of 15%.
More Definitions of Black Designated Groups
Black Designated Groups means Black youth, Black women and Black people living with disabilities (BPLwD);
Black Designated Groups. Black Designated Groups means: (a) unemployed black people not attending and not required by law to attend an educational institution and not awaiting admission to an educational institution; (b) Black people who are youth as defined in the National Youth commission Act of 1996; (c) Black people who are persons with disabilities as defined in the Code of Good Practice on employment of people with disabilities issued under the Employment Equity Act; (d) Black people living in rural I under developed areas; (e) Black military veterans who qualifies to be called a military veteran in terms of the Military Veterans Act 18 of 2011;” I hereby declare under Oath that: • The Enterprise is % Black Owned as per Amended Code Series 100 of the Amended Codes of Good Practice issued under section 9 (1) of B-BBEE Act No 53 of 2003 as Amended by Act No 46 of 2013, • The Enterprise is % Black Female Owned as per Amended Code Series 100 of the Amended Codes of Good Practice issued under section 9 (1) of B-BBEE Act No 53 of 2003 as Amended by Act No 46 of 2013, • The Enterprise is % Black Designated Group Owned as per Amended Code Series 100 of the Amended Codes of Good Practice issued under section 9 (1) of B-BBEE Act No 53 of 2003 as Amended by Act No 46 of 2013, • Black Designated Group Owned % Breakdown as per the definition stated above: ➢ Black Youth % = % ➢ Black Disabled % = % ➢ Black Unemployed % = % ➢ Black People living in Rural areas % = % ➢ Black Military Veterans % = % • Based on the Financial Statements/Management Accounts and other information available on the latest financial year-end of , the annual Total Revenue was between R10,000,000.00 (Ten Million Rands) and R50,000,000.00 (Fifty Million Rands), • Please confirm on the table below the B-BBEE level contributor, by ticking the applicable box. SIGNED BY TENDERER DATE 100% Black Owned Level One (135% B-BBEE procurement recognition level) At Least 51% black owned Level Two (125% B-BBEE procurement recognition level) I know and understand the contents of this affidavit and I have no objection to take the prescribed oath and consider the oath binding on my conscience and on the owners of the enterprise which represent in this matter. The sworn affidavit will be valid for a period of 12 months from the date signed by commissioner. Signature & stamp SIGNED BY TENDERER DATE I, the undersigned, Xxxxxx declare under oath as follows: The contents of this statement are to the best of my knowledge a true reflection o...
Black Designated Groups means black people who are unemployed, black people who live in rural areas, black people who are youth, black people who are persons with disabilities, black women, and black military veterans;
Black Designated Groups means Black People who are:
Black Designated Groups means black people who are also workers, youth, people with disabilities or people living in rural areas
Black Designated Groups. (a) means unemployed; black people not attending and not required by law to attend an educational institution and not awaiting admission to an educational institution: (b) Black people who are youth as defined in the National Youth Commission Act of 1996: (c) Black people who are persons with disabilities as defined in the Code of Good Practise on employment of people with disabilities issued under the Employment Equity Act; (d) Black people living in rural and under-developed areas. “Black new entrants” means black participants who hold rights of ownership in a Measured Entity and who, before holding the Equity Instrument in the Measured Entity, have not held equity instruments in any other Entity which has a total value of more than R20,000,00000, measured using a standard valuation method. “Black people” has the meaning defined in the Act qualified as including only natural persons who are citizens of the Republic of South Africa by birth or descent: or are citizens of the republic of South Africa by naturalisation: (a) occurring before the commencement date of the constitution of the Republic of South Africa Act of 1993; or (a) occurring after the commencement date of the Constitution of the Republic of South Africa Act of 1993, but who, without the Apartheid policy would have qualified for naturalisation for before then; (Editorial Note: Numbering as per original Government Gazette.) “Broad-Based Ownership Scheme” means a ownership scheme which meets the rules set out in Annexe 100B; “Black Professional Service Provider” means Black individuals who provide services of a professional nature. “Certified Learning Programme” means any Learning Programme for which the Measured Entity has: (a) any form of independent written certification as referred to in the “Learning Achievements” column of the Learning Programmes Matrix: or if it does not have such certification: (b) an enrolment certificate issued by the independent person responsible for the issue of the certification referred to in statement 400 and 804 confirming the employee has: (i) enrolled for is attending and is making satisfactory progress in the Learning Programme; or (ii) enrolled for but not attended the Learning; or (iii) attended the Training Programme but has failed an evaluation of their learning progress; “Companies Act” means the Companies Act 61 of 1973 as amended or substituted; “Company limited by guarantee” means a company as referred to in section 19 (1) (b) of the Companies Act:...
Black Designated Groups means black workers, black unemployed people, black youth, black aged people, black disabled people and black people living in rural areas;