Indigenisation and Economic Empowerment Act updated as at 8th May 2015 (3) The objectives or measures specified in subsection (1) may be implemented by the Government specifically on behalf of any one or more of the following groups of indigenous Zimbabweans— (a) women; and (b) young persons under a prescribed age; and (c) disabled persons as defined in the Disabled Persons Act [Chapter 17:01]. (4) The Minister may, by notice in a statutory instrument, prescribe anything that may be prescribed under subsection (1) or (3): Provided that the Minister shall not prescribe anything for the purposes of— (a) subsection (1)(b), except after consultation with the Minister for the time being responsible for the Competition Act [Chapter 14:28]; (b) subsection (1)(e), except after consultation with the Minister for the time being responsible for the Zimbabwe Investment Authority Act [Chapter 14:30]; (c) subsection (1)(f) and (g), except after consultation with the Minister for the time being responsible for the Procurement Act [Chapter 22:14]. (5) The Minister may prescribe that a lesser share than fifty-one per centum or a lesser interest than a controlling interest may be acquired by indigenous Zimbabweans in any business referred to in subsections (1)(b)(iii), (1)(c)(i), (1)(d) and (e) in order to achieve compliance with those provisions, but in so doing he or she shall prescribe the general maximum timeframe within which the fifty-one per centum share or the controlling interest shall be attained. (6) In order to ensure that the Government’s policies and objectives of indigenisation and economic empowerment are implemented, the Minister shall carry out an indigenisation and empowerment assessment rating of every business8, which rating shall be done in the prescribed manner. (7)9 In order to ensure that the Government's policies and objectives of indigenisation and economic empowerment are implemented(a) businesses shall submit indigenisation implementation plans for approval by the line Minister; and (b) the line Minister shall carry out an indigenisation and empowerment assessment rating of every business. (8) Where, following an indigenisation and empowerment assessment rating of any business, it is found that the Government's policies and objectives of indigenisation and economic empowerment have been implemented by the business in question, the line Minister shall, at the written request of the business, issue a certificate of compliance to the business no later than fourteen working days after such request is received by the line Minister, and the line Minister shall without delay transmit a copy thereof to the Board for inclusion in the prescribed register: 8 The word “business” substituted for the previous “company” by section 9 of Act 5/2011 with effect from 17th May 2011. 9 Subsections (7) to (9) inserted by section 27 of Act 11/2014 with effect from 1st January 2015. -7-