NOTIFICATION TO ALL VERIFICATION AGENCIES REGARDING SANAS ASSESSING THE SUBMISSION OF B-BBEE CERTIFICATES AND REPORTS TO SECTOR COUNCILS
Section 10 (4) of B-BBEE Act says ‘Enterprises operating in a sector in respect of which the Minister has issued a sector code of good practice in terms of section 9, must report annually on their compliance with Broad-Based Black Economic Empowerment to the sector council which may have been established for that sector’.
Furthermore, Gazette no.38766 on 6 May 2015 for establishment of sector codes councils says in clause 6, ‘the measured entities must submit on annual basis the B-BBEE Certificates and Reports to the Sector Councils.
It has been identified that there is a challenge in obtaining the B-BBEE Certificates and Reports from the sector specific enterprises and the Sector Council cannot report due to that reason.
During the STC meeting held on 5 April and 23 November 2022, the members decided that SANAS should check whether the B-BBEE Certificates and Reports were submitted to the Sector Council. The verification agencies must check and ensure that the rated measured entities have submitted the previous and current B-BBEE Certificates and Reports to their specific sector.
This submission process will be assessed from the beginning of 2023/24, i.e. 1 April 2023.
Please note the below clauses in Annexure A that requires measured entities or/and verification agencies to submit the B-BBEE Certificates and Reports to the Sector Councils.