| (1) | The Minister, after consultation with the Institute, may, by notice in the Gazette and from money appropriated for this purpose, establish a public— |
| (a) | technical and vocational education and training college; or |
| (b) | community education and training college. |
[Subsection (1) substituted by section 2(a) of Act No. 1 of 2013]
| (1A) | A notice referred to in subsection (1) must set out— |
| (a) | the date of the establishment of the college; |
| (b) | whether the college is a technical and vocational education and training college or whether the college is a community education and training college; |
| (c) | the name of the college; and |
| (d) | the physical location and address of the college. |
[Subsection (1A) substituted by section 2(a) of Act No. 1 of 2013]
| (2) | Every public college contemplated in subsection (1) (a) or (b) is a juristic person. |
[Subsection (2) substituted by section 2(c) of Act No. 1 of 2013]
| (3) | Despite subsection (2) but subject to subsection (4), a public college may not, without the concurrence of the Minister, dispose of or alienate in any manner any movable or immovable property acquired with the financial assistance of the State or grant to any person any real right therein or servitude thereon. |
[Subsection (3) substituted by section 2(b) of Act No. 3 of 2012]
| (a) | may determine that certain categories of assets below a certain value may be alienated without his or her concurrence; and |
| (b) | must publish the value contemplated in paragraph (a) by notice in the Gazette. |
[Subsection (4) amended by section 2(c) of Act No. 3 of 2012]
| (5) | Director-General may inspect, and must compile an inventory of all the assets of a public college. |
[Subsection (5) substituted by section 2(d) of Act No. 3 of 2012]
| (6) | The assets of a public college may not be attached as a result of any legal action taken against the college. |
