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Fibre Processing and Manufacturing (FP&M SETA). GRANT REGULATIONS. Limitation on Administration Costs of a SETA. SETAs may not use more than 10.5% of levies paid for administration costs Administration costs are outlined by section 14 (3B)

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limitation on administration costs of a seta
Limitation on Administration Costs of a SETA
  • SETAs may not use more than 10.5% of levies paid for administration costs
  • Administration costs are outlined by section 14 (3B)
  • From 1 October 2012 transfer a maximum of 0.5% of total levies received by the SETA to the QCTO
seta finances
SETA Finances
  • Seta to establish banking accounts
  • All monies to be used by SETA to –
    • Administer the activities of the SETA
    • Implement annual strategic plan
    • Investment policy to be approved Accounting Authority (Board)
  • From 31 March 2013 all surplus funds to be transferred to pivotal grant (funding)
  • Seta to request Director-General for approval to utilize surplus funds in other ways
allocation of mandatory grants
Allocation of Mandatory Grants
  • Mandatory Grants to be allocated to:
    • An employer employing 50 or more employees
    • An employer who has registered for the first time
      • Who has submitted a WSP within 6 mnths of Reg.
  • Applications must be submitted before 30 June
  • Mandatory Grant to be paid must be
    • Equivalent to 40% of total levies paid by employer
    • Be paid to the employer monthly
  • Unpaid mandatory grants funds to be transferred to the pivotal grant fund
allocation of pivotal grants
Allocation of Pivotal Grants
  • A SETA must allocate a maximum of 10% of total levies for Pivotal grants to be paid to employers who qualify.
  • A SETA may allocate additional pivotal grant funds to an employer for Pivotal Programmes
    • Should the employer spend more than 3% of their payroll on training
    • Submitted a Pivotal training report
    • Report verified by SETA
allocation of discretionary grants
Allocation of Discretionary Grants
  • Allocate discretionary grant in support of:
    • The National Skills Development Strategy
    • The National Skills Accord
    • Other relevant national priorities detailed in the SSP of the SETA (as approved by the Minister)
  • Only commit discretionary funds beyond each financial year for pivotal programmes only
allocation of discretionary grants7
Allocation of Discretionary Grants
  • Distribute forms for applications:
    • Discretionary Grants to be funded from
    • 20% of total levies
    • Surplus administration funds
    • Interest and penalties
    • Interest earned on investment
    • Surplus contributions received from public service employers
    • Any other money received by the SETA
allocation of discretionary grants8
Allocation of Discretionary Grants
  • Discretionary grant may be paid in terms of:
    • An employer within the jurisdiction (including an employer who is not required to pay SDL
    • Associations or organizations meeting criteria
    • An employer (contemplated in section 30 and 30 (A) of the Act) who has submitted a WSP and ATR as a minimum in contained format
  • Discretionary grants to fund all project costs inclusive of project administration costs
    • As per Sub Regulation 6 (1)
approval of grants
Approval of Grants
  • SETA criteria for grants must be approved by the SETA accounting Authority before funds are allocated
  • Grant Disbursement Schedule
    • SETAs must prepare and distribute a schedule setting out the criteria and dates by which applications for grants must be submitted.
      • Sub regulation 7
mg and pg recovery by employers
MG and PG Recovery by employers
  • SETA not to pay MG and PG to an employer who is liable to pay the skills development levy (section 3 (1) of SDL Act), unless:
    • Has registered with the Commissioner
    • Has paid the levies directly to the Commissioner in the manner and within the period determined (Section 6)
    • Is up to date with levy payments to the Commissioner at the time of approval
mg and pg recovery by employers11
MG and PG Recovery by employers
  • SETA not to pay MG and PG to an employer who is liable to pay the skills development levy (section 3 (1) of SDL Act), unless:
    • Has submitted a WSP and PTR that contributes to the SETA sector skills Plan
    • As of 1 April 2012, has submitted and implemented its WSP for previous financial year (satisfying agreed criteria)
    • WSP/PTR/ATR is approved by relevant organised labour structures