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PRESENTATION TO THE DOE WORKSHOP Making NW AMENDED BB BEE ACT AND CODES 16 SEPTEMBER 2015 PRESENTATION LAYOUT What is BB BEE? How does BB BEE affect me? Constitutional Mandate for BB BEE Journey Ushering
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How to fill out amended B-BBEE Act:

01
Start by familiarizing yourself with the amended B-BBEE Act. Read the legislation thoroughly to understand its requirements and provisions.
02
Identify the specific sections and clauses that are applicable to your business or organization. Different sectors may have different requirements under the amended B-BBEE Act, so ensure you are aware of the relevant provisions.
03
Review your organization's existing B-BBEE status and determine how it aligns with the amended Act. Assess the areas where you may need to make changes or improvements to comply with the new regulations.
04
Gather all the necessary documentation and information required to complete the application or reporting process. This may include financial statements, employment equity plans, skills development programs, procurement records, and other relevant documentation.
05
Follow the guidelines provided by the governing body responsible for B-BBEE compliance. They will usually provide instructions on how to complete the application or reporting forms, including which supporting documents to submit.
06
Fill out the required forms accurately and completely. Double-check all the information before submitting to ensure there are no errors or omissions.
07
If needed, seek assistance or guidance from B-BBEE consultants or experts who specialize in compliance matters. They can provide valuable insights and advice to ensure you are correctly filling out the amended B-BBEE Act.
08
Submit the completed forms and supporting documents to the appropriate authorities or verification agencies as required by the amended Act.
09
Keep a copy of all submitted documents for your own records and in case of future audits or reviews.
10
Regularly review and update your B-BBEE compliance to stay in line with any changes or updates to the amended Act.

Who needs amended B-BBEE Act?

01
All businesses or organizations in South Africa that wish to operate within the scope of Broad-Based Black Economic Empowerment (B-BBEE) need to adhere to the amended B-BBEE Act.
02
Companies that are seeking government contracts, funding, or incentives are specifically required to comply with the B-BBEE legislation.
03
Organizations that want to demonstrate their commitment to creating opportunities and promoting economic participation for previously disadvantaged individuals in South Africa also need to comply with the amended B-BBEE Act.
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The amended B-BBEE Act refers to the Broad-Based Black Economic Empowerment Act that has been updated or revised.
Entities that fall under the Broad-Based Black Economic Empowerment (B-BBEE) Act are required to file the amended act.
The amended B-BBEE Act can be filled out by providing the required information and supporting documents as per the guidelines of the act.
The purpose of the amended B-BBEE Act is to promote economic transformation and enhance the participation of black people in the economy.
The amended B-BBEE Act requires reporting on various aspects such as ownership, management control, skills development, and preferential procurement.
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