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Seta Mandatory & Discretionary grant regulations declared invalid 21st Aug. 2015

On 3 December 2012, the SETA Grant Regulations were gazetted (Government Gazette no. 35940). These come into effect on 1 April 2013. There were many major substantial changes in the new regulations and these may have serious implications for skills development in our country. Some of the main changes were: That the mandatory grant to employers is reduced from 50% to 20%. Any unclaimed mandatory grants must be transferred by the 15 August each financial year into the discretionary fund. Discretionary grants will mainly be paid for programmes offered by public FET…

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