Definition of Related Enterprise

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


Related Enterprise

Means an Entity controlled by a Measured Entity whether directly or indirectly controlled by the natural persons who have direct or indirect control over that Measured Entity or the immediate family of those natural persons;


BizAdvance Consulting comments and references:

Relates to the Ownership element of the scorecard, Statement 100, Page 14.

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.