Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)
Equity Equivalent Contribution
Means an equity equivalent contribution made by a Multinational under an Equity Equivalent Investment Programme;
BizAdvance Consulting comments and references:
Relates to the Ownership element of the scorecard, and is an alternative to alienating of equity by a Multinational, for the purposes of achieving Ownership in terms of the Codes.
Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.