Definition of Equity Equivalent Investment Programme

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)

Equity Equivalent Investment Programme

Means a public programme or scheme of any government department, provincial or local government in the Republic of South Africa or any other programme approved by the Minister as an Equity Equivalent Investment Programme;

BizAdvance Consulting comments and references:

Relates to the Ownership element of the scorecard, and is an alternative to alienating equity 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.