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Understanding AgriSETA Funding Regulations 2013

This presentation outlines the new funding regulations issued to AgriSETA stakeholders in March/April 2013 across different provinces. The CEO, Jerry Madiba, highlights key definitions, important issues, and significant dates related to the funding regulations. The regulations cover aspects such as administration costs, research, occupational qualifications, workplace learning, and fund allocations for various programs. Employers are informed about changes in grant percentages and the importance of complying with the guidelines. The document emphasizes the transition period and deadlines for fund transfers and applications. If you have any questions, feel free to ask. Thank you.

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Understanding AgriSETA Funding Regulations 2013

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  1. THE NEW FUNDING REGULATIONS Presentation to the AgriSETA Stake Holders March/ April 2013 Venue: Different Provinces Jerry Madiba: CEO AgriSETA

  2. DEFINITIONS TO NOTE • Page 3: Administration Cost include Consultancy fees and Institutional research and Sectoral research; • Page 4: Institutional Research and Sectoral Research – means research commissioned by a SETA on any aspect of the administration or management of the SETA as well as research into Sector supply and demand; • Page 4: Occupational part qualifications also include Skills Programmes; • Page 5: Structured workplace learning also include appointing a Mentor in Land Reform; • Page 5: Surplus-Any money not covered by a contract or contractual obligation.

  3. Important Issues to Note • Page 9: Mandatory Grant to be paid to Employers will reduce from 50%-20% from 01 April 2013; • Page 8: 80% of Discretionary funds are to be allocated to PIVOTAL Programmes; • Page 8: An approval may be sought from the Director General for use of Surplus within a scope of Skills Development Act. By 31 March 95% funds to be contracted and not more than 5% uncommitted; • Page 11: Accounting Authority to annually approve a Discretionary Policy with guidelines issued by DHET; • Page 11. Emphasis is put on PIVOTAL programmes by using Public Education and Training Institutions .

  4. Important Issues to Note • Page 12: 7.5% is a maximum administration allocation for discretionary funds as opposed to 10% previously; • Page 12: While 80% Discretionary amount is to be allocated to PIVOTAL programmes, a maximum of 20% can be used to develop the sector within priorities of the SSP; • Pages 6 &7: Administrations Cost goes from 10% to 10.5 but 0.5% is to be paid to the QCTO.

  5. Important dates of the Regulation • Page 14: 01 April 2013: Implementation of the Grant Regulation ; • Page 9: 30 April annually from 2014: Mandatory applications closing date . Status- quo remains for 2013; • Page 7: From 1 April 2013 and Annually: 0.5% of Administration fund to be transferred to the QCTO; • Page 7 &10: 15 August Annually: SETAs to transfer unclaimed Mandatory Grants and interest earned to the Discretionary funds; • Page 9: 01 October Annually to transfer remaining surplus of discretionary funds to the National Skills Fund (NSF).

  6. KEY ASPECTS OF THE FUNDING REGULATIONS

  7. THANK YOU ANY QUESTIONS?

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