South African Government

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Broad-based Black Economic Empowerment Act 53 of 2003

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53 of 2003

The Broad-based Black Economic Empowerment Act 53 of 2003 intends:

  • to establish a legislative framework for the promotion of black economic empowerment;
  • to empower the Minister to issue codes of good practice and to publish transformation charters;
  • to establish the Black Economic Empowerment Advisory Council; and
  • to provide for matters connected therewith.


21 April 2004 (Gazette 26285 of 21 April 2003)


Amended by Broad-Based Black Economic Empowerment Amendment Act 46 of 2013