Effective date: 13 / 11 / 2015
There are significant deviations between the Amended Generic Codes of Good Practice and the Amended Tourism Sector Codes in terms of the thresholds for Exempted Micro Enterprises (EME), Qualifying Small Enterprises (QSE) and Large Enterprises (Generic). These changes were proposed to address the unique features of the Tourism Sector.
The following thresholds will apply:
Another highlight is that under the ownership element, the compliance target is 30% + 1 Vote, rather than the 25% + 1 Vote under the Generic Codes.
Exempt Micro Enterprises (EME):
Required to obtain an affidavit if:
Qualifying Small Enterprises (QSE):
Required to obtain an affidavit only if:
The empowering supplier status forms part of the QSE affidavit and verification certificate.
Note that the priority elements were introduced on the Amended Tourism Sector Codes. QSEs can choose between two of the three priority elements as explained below:
Click here to download a copy of the Tourism Sector Codes.