Definition of Section 21 Company

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


Section 21 Company

Means an association not for gain incorporated under section 21 of the Companies Act;


BizAdvance Consulting comments and references:

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

Refer clause 3.11 page 25 for the measurement of Ownership relating to Section 21 Companies

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