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THE

BEECHAMBER

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NEWS

NOTICE TO LEGAL PRACTITIONERS ON THE LSC

Writer's picture: Newsletter EditorNewsletter Editor
On 03 October 2024, the Legal Practice Council (LPC) issued a notice addressing frequently asked questions regarding the Legal B-BBEE Sector Codes of Good Practice. This notice highlights the LPC's recognition of the need for clarity among legal practitioners following the gazetting of the Legal Sector Code (LSC) on 20 September 2024. In light of this, the LPC has initiated the establishment of a Charter Council to engage with practitioners and provide essential guidance, while also requesting the Legal Sector Code Steering Committee to compile an FAQ document to assist during this transitional period. The BEE Chamber is eager for further clarity to support effective implementation, and Technical Compliance Services are available to offer advice on compliance matters related to the Legal B-BBEE Sector Codes.

On 03 October 2024, the Legal Practice Council issued a Notice of Frequently Asked Questions on the Legal B-BBEE Sector Codes of Good Practice.

 

The Introduction of this document stated the following:

 

“The LPC is aware that practitioners require clarity on the Legal Sector Code (LSC) gazetted on 20 September 2024. The Charter Council, which is in the process of being set up, will on its establishment, engage with practitioners and provide information, clarification and guidance. In the meantime, the LPC requested the Legal Sector Code Steering Committee to compile the FAQ below to provide some information.”

 

The BEE Chamber looks forward to further clarity on certain areas of the Legal B-BBEE Sector Codes of Good Practice for effective implementation.

 

Technical Compliance Services are available to advise how members in relation to the Legal B-BBEE Sector Codes of Good Practice.

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