Gold Membership
R
Further Education and Training Act, 1998 (Act No. 98 of 1998)Regulations for the Registration of Private Further Education and Training InstitutionsChapter 2 : Requirements for Registration12. Finance |
| 1) | An applicant must submit proof that- |
| a) | its income is or will be sufficient to sustain its programmes in an acceptable manner; and |
| b) | it has or will have a stable financial position that will enable it to maintain operational continuity. |
| 2) | An applicant must submit proof that it has established financial surety or guarantees to ensure that the institution meets its obligations to its enrolled students. |
| 3) | An applicant must submit a signed declaration that on registration the institution is or will become a member of or contributor to a fidelity guarantee fund approved by the registrar and make contributions to such fund according to a scale of payments determined by the Minister by notice in the Gazette. |
