§ 481a.1. Statement of purpose, policy and applicability.

 (a)  This chapter establishes the procedures for promoting and ensuring that regulated entities foster participation and diversity in all aspects of their operations in this Commonwealth.

 (b)  It is the policy of the Board to promote and ensure that regulated entities conduct all aspects of their operations in a manner that assures diversity of opportunity as follows:

   (1)  In the ownership, participation and operation of regulated entities in this Commonwealth.

   (2)  Through the ownership, participation and operation of business enterprises associated with or utilized by regulated entities.

   (3)  Through the provision of goods and services utilized by regulated entities.

 (c)  It is further the policy of the Board to promote and ensure diversity in employment and contracting by each regulated entity and its contractors, subcontractors, assignees, lessees and agents.

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