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A Guide to Interpreting the Codes Chapters Five to Six ...

THE Codes OF GOOD PRACTICE: PHASE ONE 2005 A Guide to Interpreting the Codes Page No.: 22 Chapters Five to Six: Code 100 Measurement of the Ownership Element of Broad-Based Black Economic Empowerment Chapter Five: Statement 100 The General Ownership Scorecard and the Recognition of Ownership Arising from the Sale of Equity Instruments Introduction Transactions which were concluded during the first wave of BEE in the late 1990s began to reveal that transformation of the nature of BEE deals themselves was required.

THE CODES OF GOOD PRACTICE: PHASE ONE 2005 A Guide to Interpreting the Codes Page No.: 24 The scorecard aims to ensure that a measured enterprise will consider its …

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