In terms of section 13F (3) Broad-Based Black Economic Empowerment Act 53 of 2003 as amended by Act 46 of 2013, the Broad-Based Black Economic Empowerment Commission, must increase knowledge of the nature and dynamics and promote public awareness of matters relating to Broad-Based Black Economic Empowerment
One of the ways in which the Broad-Based Black Economic Empowerment Commission delivers on the abovementioned mandate is by providing guidance to the public by issuing of non-binding opinions on the interpretation of any provision of the Broad-Based Black Economic Empowerment Act as directed by the provisions of section 13F(3)(b)(ii) of the same Act.
This Explanatory Notice replaces Explanatory Notice 01 of 2016 effective from date of issue.
Technical Services are available for Members who need assistance with understanding Advisory Opinions.
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