Broad-Based Black Economic Empowerment Act 53 of 2003

The Broad-Based Black Economic Empowerment Act 53 of 2003 establishes the legislative framework for promoting black economic empowerment in South Africa. It empowers the Minister to issue codes of good practice and publish transformation charters and establishes the Black Economic Empowerment Advisory Council. The Act forms part of the country's legal framework for addressing economic inequality and increasing participation in the economy. It was amended by the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013.

Country

South Africa

Type

Act

Published

9 January 2004

File size

335 KB

Sourced from official government publications. Always verify against the official source before relying on this document for legal purposes.