Rationalisation of Corporate Laws Act, 1996
R 385
Skills Development Levies Act, 1999 (Act No. 9 of 1999)RegulationsRegulations Regarding Levies and Related Issues3. Submission of Sector Skills Plan by SETA |
| (1) | For the purpose of section 8(3)(b) of the Act the business plan to be submitted by a SETA with its application for establishment in terms of the Skills Development Act, 1998 (Act No. 97 of 1998), must be regarded as sufficient until 1 September 2000 to allow the Director-General to initiate the transfer of the levy and related monies to a SETA. |
| (2) | The submission of a sector skills plan by a SETA will with effect from 1 September 2000 be a requirement to initiate the further transfer of the levy and related monies to a SETA. |
