Continuing Education and Training Act, 2006 (Act No. 16 of 2006)NoticesNational Policy on Community CollegesSection 14: Funding Framework |
14.1 | Community Education and Training Colleges shall be funded in accordance with National Norms and Standards as provided for in terms of section 23 of the CET Act, 2006, as well as through other funding streams as identified in section 24 of the Act. |
14.2 | Every Community Education and Training College must submit to the Department of Higher Education and Training audited annual financial statements in a manner determined by the Minister as provided in Section 25 of the Act. |
14.3 | The funding norms for CETCs will, during the transition period from PEDs to the DHET, be the funding convention as currently in operation in each province. |
14.4 | In the establishment of Community Education and Training Colleges for the pilot phase, the Director-General will allocate funds to each College based on the national Norms and Standards for Funding Community Education and Training Colleges (NSF-CET Colleges). |