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Skills Development Act, 1998 (Act No. 97 of 1998)


Constitution of Wholesale and Retail Sector Education and Training Authority (W&R SETA)

14. Finance Committee


14.1 The Board hereby establishes a Finance Committee to serve in the manner as envisaged in clause 13 above.


14.2 The finance committee shall consist of 4 (four) voting members and the CEO.


14.3 purpose of the Finance Committee is to monitor the income and expenditure of the W&R SETA and to make recommendations to the Executive Committee and the Chief Executive regarding any aspect of the finances of THE W&R SETA


14.4 The Board may delegate any further powers to the Finance Committee it may deem appropriate from time to time.