Hanlie Malan will go through the Practice Note as gazetted recently by the Minister of Trade & Industry, Ebrahim Patel, and clarify amongst others:
1. Correct interpretation and the application of the legislation identifying participants;
2. Interpretative misalignment on how Discretionary Collective Enterprises such as Broad-Based Schemes (BBOS), Employee Share Ownership Programs (ESOPs), Trade Unions, Investment Holding Companies that are BBOSs, Not for Profit Companies (NPCs) and Trusts amongst other juristic persons should be treated in terms of the Broad Based Black Economic Empowerment legislation
3. Rules for Collective Enterprises
4. Practical Implication
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