Find abovementioned statement linked.
Statement on the Recognition of BroadBased Schemes
The Department of Trade and Industry (the dti) has noted the questions relating to paragraph 1 (d) of the General Notice issued in Gazette Number 38764 on 5 May 2015, dealing with recognition of the BroadBased Recognition Schemes:
The Notice will not have a retrospective effect. This means that all BBBEE Deals concluded prior to 1 May 2015 will not be affected. These Deals will have a full recognition under Code Series 100.
Sidwell MedupeDepartmental Spokesperson
Tel: (012) 394 1650
Mobile: 079 492 1774
Issued by: The Department of Trade and Industry