Statistics Act, 1999
R 385
Skills Development Act, 1998 (Act No. 97 of 1998)NoticesNotice of Abolition of Industry Training Boards established under sections 12A and 12B of the Manpower Training Act, 1981Guidelines regarding the Abolition of Industry Training Boards established in terms of section 12A and 12B of the Manpower Training Act, 1981Annexure to the Industry Training Board Abolition Guidelines3. Transfer of Assets, Rights, Liabilities and Obligations |
| 3.1 | The ITB hereby transfers, cedes and assigns in terms of item 4 of schedule 2 of the Act and the Regulations, to the SETA; (Full name of SETA) |
| 3.1.1 | All the Assets referred to in annexure one hereto; |
| 3.1.2 | All the Rights referred to in annexure two hereto; |
| 3.1.3 | All the Liabilities in annexure three hereto; |
| 3.1.4 | All the Obligations referred to in annexure four hereto. |
| 3.1.5 | All the Assets referred to in annexure one hereto; |
| 3.1.6 | All the Rights referred to in annexure two hereto; |
| 3.1.7 | All the Liabilities in annexure three hereto; |
| 3.1.8 | All the Obligations referred to in annexure four hereto. |
| 3.2 | The Employees (referred to in Annexure 10) of an ITB (name of ITB’s) so transferred are dealt with in accordance with the Regulations. |
| 3.3 | The risk, benefit and effective control of the ITB in the Assets, Rights, Liabilities and Obligations shall pass to the SETA on the Effective Date. |
