Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)
Means the debts of:
a) Black participants incurred in financing their purchase of their equity instruments in the Measured Entity; and
b) Juristic persons or trusts found in the chain of ownership between the eventual Black Participants and the Measured Entity for the same purpose as those in (a);
BizAdvance Consulting comments and references:
Relates to the Ownership element of the scorecard, Annexe 100 E
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