Overview of Acts impacting SA businesses (SDA basics, LRA intro, BBBEE basics)

Notes

1 BUSINESS STUDIES GRADE 12 PAPER 1 TERM 1 REVISED NOTES CHAPTER 1 THE IMPACT OF RECENT LEGISLATION ON BUSINESSES 2024 TABLE OF CONTENTS TOPICS PAGES Exam guidelines for legislation 2 Terms and Definitions/Meaning 2-4 The Skills Development Act (SDA) (No. 97 of 1998) 4-7 The Labour Relations Act (LRA) (No. 66 of 1995) 7-10 The Employment Equity Act (EEA) (No. 55 of 1998) 10-13 The Basic Conditions of Employment Act (BCEA) (No. 75 of 1997) 13-17 The Compensation for Occupational Injuries and Diseases Amendment Act (COIDA) (No. 61 of 1997) 17-20 The Broad-Based Black Economic Empowerment Act (BBBEE) (No. 53 of 2003, as amended in 2013) 20-25 The National Credit Act (NCA) (No. 34 of 2005) 25-27 The Consumer Protection Act (CPA) (No. 68 of 2008) 27-32 This chapter consists of 32 pages IMPACT OF RECENT LEGISLATION ON BUSINESSES CHAPTER 1 2 THE IMPACT OF RECENT LEGISLATION ON BUSINESSES REFER TO PAGE 7 AND 8 OF THE 2021 EXAMINATION GUIDELINES CONTENT DETAILS FOR TEACHING, LEARNING AND ASSESSMENT PURPOSES • Outline/Describe/Explain/Discuss the purpose of all EIGHT Acts • Discuss/Explain/Evaluate the impact (positives/advantages and/or negatives/ disadvantages) of the Acts on businesses • ...