Revised BEE Codes 2014 gazetted for Public Comment

On Friday 10 October 2014, the Department of Trade and Industry (DTI) published the Revised Scorecard for Qualifying Small Enterprises for Public Comment in “*Government Gazette 39076*(Download Government Gazette from Into SA Library)”:https://www.into-sa.comhttps://www.into-sa.com/uploads/download/file/426/BEE_Proposed_Codes_of_Good_Practice__2014_.pdf, Notice Number 876, as a follow up to the Revised Generic Codes of Good Practice published in October 2013.

Also included in this government gazette is (among other things) the Revised Scorecard for Specialised Enterprises and the Guidelines for bringing the various Sector Charters in Line with the Revised Codes of Good Practice 2013. They will not have any transitional periods once they are amended.

The proposed Codes also clarify the scope of Equity Equivalent Programmes and Contributions for foreign owned (multinational) companies.

The Public Comment period ends on 14 November 2014.

Please contact Into SA for further advice and clarification on the new Codes 2014!

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