Dti repeals the Construction and Chartered Accountancy Sector codes

Posted by Transcend
Thursday, 18 February 2016  |  Comments

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We wish to draw to your attention to government notice 39703 which was published on the 17th of February 2016. Download the gazette here

The notice provides that –

1.The draft Construction and Chartered Accountancy Sector Codes were not submitted for approval and as a result the Minister has repealed them;
2.Entities operating in the above sectors can be measured using the Generic BBBEE Codes; and
3.The remaining sector codes remain valid until they are amended.he amended codes of good practice introduce step changes in principal, which require a different B-BBEE plan as a response.

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