"The Act"

means the Skills Development Act, 1998 (Act No. 97 of 1998), together with any Regulations;

"Alternate"

means a person appointed to act on behalf of a Council member of INSETA in the absence of the latter;

"Authority"

means the Insurance Sector Education and Training Authority as defined in the Skills Development Act;

"Chairperson"

means the Chairperson of the Council as provided for in this Constitution;

"Chief Executive Officer"

means the Chief Executive Officer of INSETA duly appointed by Council and responsible to Council as per terms and conditions as stipulated in his/her Employment Contract or any other written delegation/decision by Council;

"Committee"

means a standing committee established by Council or the Executive Management Committee, functioning in accordance with its approved Terms of Reference;

"Council"

means a Governing body of INSETA;

"Council member"

means a person nominated by their respective stakeholder grouping and appointed in terms of this Constitution;

"Employees"

means a person or persons duly appointed by the Chief Executive Officer as per Council’s approved terms and conditions;

"Financial year"

means the period commencing on 1 April each year and ending on the 31st of March of the following year;

"General"

means any expression which is not specifically defined below, but which is defined in the Act shall, unless the contrary intention is apparent from the wording contained herein, bear the meaning assigned to it in the Act;

"Grants"

means money that can be claimed back by member organisations for NQF related training and development that has been conducted; block grants as per national process;

"INSETA"

means the Insurance Sector Education and Training Authority;

"Learnerships"

means "learnerships" as defined in the Skills Development Act, 1998 (Act No 97 of 1998) and any amendment thereto;

"Levy"

means "levy" as described in the Skills Development Levies Act, 1999 (Act No 99 of 1999) and any amendment thereto;

"LRA"

means the Labour Relations Act, No 66 of 1995 and any amendment thereto;

"Levy Paying Entity"

means an organisation that is registered with INSETA as a constituent of a Stakeholder grouping;

"NQF"

means the National Qualifications Framework as established by the SAQA Act, 1995 (Act No 58 of 1995) and any amendment thereto;

"Qualifications"

means "qualifications" as defined in the SAQA Act, 1995 (Act No 58 of 1995) and any amendment thereto;

"Quorate"

means a Council meeting that has a quorum according to this Constitution;

"Relevant Government Department"

means, for the purposes of INSETA, the Department of Labour, the Department of Education: the Financial Services Board and the SA Qualifications Authority;

"SAQA"

means the South African Qualifications Authority established by section 3 of the SAQA Act, 1995 (Act No 58 of 1995);

"Secretary"

means the secretary of the Council appointed in tens of section 10 (1) (j) of the Act;

"sector"

means the insurance sector as determined by the Minister of Labour;

"Sector Skills Plan"

means a plan as defined and required in terms of the Act;

"SETA"

means a Sector Education and Training Authority established under the Skills Development Act;

"Stakeholder"

means an organised employer body, an organised employee body, or trade union registered in terms of the LRA and active in the Sector or special interest group that may be agreed between the INSETA and the Minister from time to time;

"Stakeholder Grouping"

means the groups specified in terms of section 11 of the Act;

"Unit standard"

means registered statements of desired education and training outcomes and their associated assessment criteria together with administrative and other information as specified in these regulations in accordance with SAQA’s definition.