STANDARDS c o n t .
The ME is required to follow the requirements of Government
Gazette No. 38764, paragraph 1(b), from 17 February 2016.
This states that if the ME's financial year ends on or before 30
April 2015, the MEmust use the 2007 CoGP (see Government
Gazette No. 29617) to prepare its B-BBEE scorecard on
condition that this financial year has not already been used to
assess its B-BBEE status. If its financial year is after 1 May
2015, the ME will have to use the 2013 CoGP (Government
Gazette No. 36928).
The following Sector Codes have not been repealed and
remain valid until they are amended:
?
TourismSector Code – Government Gazette No. 32259.
?
Property Sector Code – Government Gazette No. 35400.
?
Agri-BEE Sector Code – Government Gazette No. 36035.
?
Forest Sector Code – Government Gazette No. 32320.
?
Financial Services Sector Code – Government Gazette No.
35914.
?
ICTSector Code – Government Gazette No. 35423.
?
Integrated Transport Sector Code – Government Gazette
No. 34267.
Queries in connection with the application of B-BBEE
legislation should be addressed to the DTI.
Auditors are alerted to the communiqué that was issued
by the IRBA on 4 March 2016 providing an update on the
IRBA's continued involvement in the B-BBEE Verification
Industry. The communiqué is available on the IRBA
website
(http://www.irba.co.za/index.php/audit-news-news-42/940-4-march-2016).
8
Issue 33 January - March 2016