The intent behind these regulations is to:

• regulate the proportion of funds available for skills development that is spent on administration;

• provide for the Sector Education and Training Authorities (SETAs) to contribute to the cost of the work of the Quality Council for Trade and Occupations (QCTO);

• discourage the accumulation of surpluses and the carry-over of unspent funds at the end of each financial year;

• improve the quantity and quality of labour market information received by SETAs in the form of Annexure 2 to inform planning;

• promote National Qualifications Framework (NQF) registered and quality assured PIVOTAL programmes that address priority scarce and critical skills needs identified in sector skills plans; and

• create a framework within which expanded use is made of public education and training providers for the provision of learning programmes.

BE IT THEREFORE ENACTED by Regulations as follows:

[Preamble substituted by regulation 1 of Notice No.  486 of 2013]