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South Africa
NATIONAL LEGISLATION OVERVIEWS
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Broad-Based Black Economic Empowerment Amendment Act, No. 46 of 2013

Long title


To amend the Broad-Based Black Economic Empowerment Act, 2003, so as to insert certain definitions and to amend others; to clarify interpretation; to provide for the remuneration of Council members; to promote compliance by organs of state and public entities and to strengthen the evaluation and monitoring of compliance; to include the creation of incentive schemes to support black owned and managed enterprises in the strategy for broad-based black economic empowerment; to provide for the cancellation of a contract or authorisation; to establish the Broad-Based Black Economic Empowerment Commission to deal with compliance of broad-based black economic empowerment; to provide for offences and penalties; and to provide for matters connected therewith.

Table of contents

SECTION TITLE
1. Amendment of section 1 of Act 53 of 2003
2. Amendment of section 2 of Act 53 of 2003
3. Amendment of section 3 of Act 53 of 2003
4. Substitution of section 8 of Act 53 of 2003
5. Amendment of section 9 of Act 53 of 2003
6. Amendment of section 10 of Act 53 of 2003
7. Amendment of section 11 of Act 53 of 2003
8. Insertion of sections 13A, 13B, 13C, 13D, 13E, 13F, 13G, 13H, 13I, 13J, 13K, 13L, 13M, 13N, 13O and 13P in Act 53 of 2003
9. Substitution of section 14 of Act 53 of 2003
10. Short title and commencement
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