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THE

BEECHAMBER

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NEWS

THIRD-PARTY PAYMENT INTERVENTION

The rule of thumb in claiming B-BBEE points is to follow the money directly to the end Beneficiary. Therefore, incorporating a third party between an organisation and a Beneficiary will not warrant a claim. The valid B-BBEE credentials of the end Beneficiary will be needed in order to validate the claim as well as confirmation from the end Beneficiary that the benefit has flowed to them.

 

Technical Compliance Services are available to advise how members in relation to Third Party interventions.

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