Skills Development Act, 1998 (Act No. 97 of 1998)

Regulations

Purchase

(1)	The Minister may direct the Director General to invite by notice in the Gazette interested parties to comment on an application made in terms of regulation 2 within 30 days from the date of publication of the notice.

(2)	After consultation with the National Skills Authority and considering every comment received pursuant to a notice published in terms of subregulation (1), the Minister may establish a SETA for the national economic sector or sectors applied for by issuing a certificate of establishment as a SETA.

(3)	Subject to subregulation (4) and regulation 4, a certificate of establishment as a SETA is valid for a period of 60 months from the date on which it was issued.

[Regulation 3(3) substituted by regulation 2(a) of Notice No. R. 106, GG 27254, dated 4 February 2005]

(4)	The Minister may, after consultation with the National Skills Authority and by notice in the Gazette, extend the period of 60 months’ referred to in subregulation (3).

[Regulation 3(4) inserted by regulation 2(b) of Notice No. R. 106, GG 27254, dated 4 February 2005]

(5)	The provisions of the Public Finance Management Act apply to the period of extension contemplated in subregulation (4).

[Regulation 3(5) inserted by regulation 2(b) of Notice No. R. 106, GG 27254, dated 4 February 2005]