Continuing Education and Training Act, 2006 (Act No. 16 of 2006)NoticesNational Norms and Standards for Funding Community Education and Training CollegePart C : Purpose of this Policy |
13. | This policy provides for a mechanism to distribute funding that is intended for CET colleges and governs all funding and expenditure for programmes offered in these colleges. It seeks to address the issues of fairness, equity, efficiency and accountability, taking into account the need to redress past imbalances for improved social and economic development. |
14. | This funding policy does not provide new or additional funding; however, it brings in new funding prescripts and considerations that are not addressed in the 2015 NNSFCET colleges. This policy provides suitable norms and standards for the distribution of funds to the CET colleges. |