Understanding Business Legislations: COIDA and BBBEE Acts Analysis
Explore the impact, compliance, and consequences of the Compensation for Occupational Injuries and Diseases Act (COIDA) and the Broad-Based Black Economic Empowerment Act (BBBEE) on businesses. Learn about discriminatory actions, penalties for non-compliance, and ways for businesses to adhere to these acts.
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GRADE 12 LESSON 2 LEGISLATIONS PART 2
Compensation for Occupational Injuries and Diseases Act 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. Analyse the effectiveness (positives/advantages/ negatives/disadvantages) of the Acts on businesses. Outline/Explain/Discuss actions regarded as discriminatory by the Act Outline/Explain/Discuss penalties/consequences for non-compliance. Suggest/Recommend ways in which businesses can comply with the Acts.
COIDA MULTI TYRES (MT) Multi Tyres specialises in wheel alignment. John, an employee, was injured while on duty. The management advised him not to report the injury as MT s employees were not registered with the Compensation Fund. The business has many unreported accidents and they do not contribute to the fund. Name the Act that is applicable to the scenario above. (2) Quote FOUR actions that are regarded as discriminatory by the Act identified in the QUESTION above (4)
COIDA Evaluate the impact of the Compensation for Occupational Injuries and Diseases Act (COIDA), 1997 would have on a business. MAJEED CONSTRUCTION (MC) Majeed Construction ensures that accidents and illnesses that occur in the workplace are reported immediately. Identify the Act that is applicable to the scenario above. Advise the management of MC on any other TWO ways in which they can comply with the Act identified in the QUESTION above . Advise MC on the penalties they could face for non compliance (8) (2) (4) (6)
Broad Based Black Economic Empowerment 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. Analyse the effectiveness (positives/advantages/ negatives/disadvantages) of the Acts on businesses. Outline/Explain/Discuss actions regarded as discriminatory by the Act Outline/Explain/Discuss penalties/consequences for non-compliance. Suggest/Recommend ways in which businesses can comply with the Acts.
BBBEE MEAT MARKET LTD Meat Market Ltd specializes in supplying fresh meat to customers. The company gave some of its shares to their previously disadvantaged employees. They were also offered learnership programmes. Name the Act that Meat Market Ltd is complying with in the scenario above. Evaluate the impact of the Broad-Based Black Economic Empowerment Act (BBBEE), 2003, (Act 53 of 2003) on businesses. (6)
BBBEE Distinguish/Differentiate between Black Economic Empowerment (BEE) and the BBBEE Act Discuss/Explain the implications of the revised FIVE pillars of BBBEE on businesses. Recommend/Suggest ways in which businesses could apply the revised FIVE pillars of BBBEE in the workplace.
BBBEE Classify EACH statement according to the relevant pillar as outlined in the Broad- Based Black Economic Empowerment Act (BBBEE), 2003, (Act 53 of 2003): Promoting three black woman as heads of various departments. Using Nkosi Transport s services to distribute products A recent donation of R30 000 to the building of a community conference center. Sending employees for training sessions to upgrade their skills twice a year. An invitation to employees to buy shares in the company. (10)
BBBEE Recommend ways in which businesses may apply the following pillars of the Broad-Based Black Economic Empowerment Act (BBBEE), 2003, (Act 53 of 2003): Enterprise and suppliers development Management control (4) (4)
National Credit Act 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. Analyse the effectiveness (positives/advantages/ negatives/disadvantages) of the Acts on businesses. Outline/Explain/Discuss actions regarded as discriminatory by the Act Outline/Explain/Discuss penalties/consequences for non-compliance. Suggest/Recommend ways in which businesses can comply with the Acts. The rights of consumers in terms of the NCA & CPA.
NCA The NCR asked the National Credit Tribunal to fine Easy Bank for reckless lending. Easy Bank granted too much credit to minors and disclosed incorrect interest rates on credit agreements. Identify the Act that is contravened by Easy Bank in the granting of credit. (1) Quote TWO reasons from the scenario why Easy Bank was fined for recklessly granting of credit. Discuss THREE disadvantages of the Act identified in QUESTION for a credit provider. (2) (6)
NCA State any FOUR consumer rights as stipulated in the National Credit Act (NCA), 2005 (Act 34 of 2005). (4)
Consumer Protection Act 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. Analyse the effectiveness (positives/advantages/ negatives/disadvantages) of the Acts on businesses. Outline/Explain/Discuss actions regarded as discriminatory by the Act Outline/Explain/Discuss penalties/consequences for non-compliance. Suggest/Recommend ways in which businesses can comply with the Acts. The rights of consumers in terms of the NCA & CPA.
CPA Describe the impact of the Consumer Protection Act (8) Explain how businesses can promote the following consumer rights: Right to choose Right to information (4) (4)
CPA Identify the consumer right applicable to EACH of the following policy statement of Zonke Stores: Consumers will be refunded for faulty products. Consumers are given the option to stop unwanted direct marketing. Zonke Stores will not publish false statements about their products and services. Zonke Stores will honour credit vouchers and prepaid services. Consumers will receive written notices of amended clauses in their contracts that may limit their rights.
