Legislation

Banking Sector Education and Training Authority Constitution

BANKSETA is committed to principles and practices that provide stakeholders with the assurance that the organisation is managed soundly and ethically. Its business and reporting practices are therefore in line with the Code of Corporate Practices and Conduct, as set out in the King III Report, the Public Finance Management Act (PFMA) (Act No 1 of 1999) and the Skills Development Levies Act (Act No 9 of 1999).

Click here for the Banking Sector Education and Training Authority Constitution.

National Skills Development Strategy (NSDS III)

NSDS III seeks to encourage and actively support the integration of workplace training with theoretical learning, and to facilitate the journey individuals make from school, college or university, or even from periods of unemployment, to sustained employment and in-work progression. Emphasis is placed on training to enable trainees to enter the formal workforce or create a livelihood for themselves.

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RELEVANT REGULATIONS

• Skills Development Act, 1998
• Risk-Adjusted Strategy For A Phased – In Return of Skills Development Activities
• Skills Development Act, Amended 2008
• Skills Development Levies Act, 1999
• Skills Development Grant Regulations
• Public Finance Management Act, 1999
• National Skills Development Strategy (NSDS III)
• Learnership Regulations
• Treasury Regulations
• SETA Grant Regulations
• Promotion of Access to Information Act, 2000

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