Definition of Unincorporated Joint Venture

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

Unincorporated Joint Venture

Means a joint venture between two or more Measured Entities effected by agreement without incorporation;

BizAdvance Consulting comments and references:

Other than in the definition section of the Codes, no other reference is made to Unincorporated Joint Ventures.

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.