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FASA INVITES NOMINATIONS TO SIT ON THE SSETA ACCOUNTING AUTHORITY

Since the overhaul of the various SETAS, the Minister of Higher Education has given the SETAS a mandate to establish revised constitutions, establish an accounting authority, have representation for their six different chambers – one being for Associations who are now invited to register as professional bodies.  In turn FASA invites its members who feel they have the knowledge, skills and experience to nominate themselves.
The Accounting Authority is the Board of a Schedule 3A public entity and governs the and manages the SSETA.

  • 15 members will be appointed by the Minister in terms of the Skills Development Act (SDA) and the Public Finance Management Act (PFMA) for a five(5) year term.
  • There must be equal representation in terms of organised Labour and organised Business.
  • The AA is to consider the interests of organised labour as well as organised business and the economy of SA at all times.
  • Members must act in the best interest of the SSETA and the people of SA and therefore cease to represent their association or their Chamber when performing AA duties.
  • The AA sets strategic direction for SSETA and implements the goals of NSDS 111, the performance agreement with the Minister and ensures compliance with statutory requirements and the Constitution and manages institutional risk whilst monitoring the performance of the SSETA.
  • Each member must understand all legal implications including SDA, SDLA, PFMA and criminal law related legislation.
  • Corporate governance principals applicable to the public sector, in particular public entities, must be considered at all times (i.e. conflicts of interest etc).

The SSETA associations (of which FASA is one) that qualify as Schedule 4 associations in terms of the Constitution are eligible to nominate members of the AA.
Requirements for Nominees:

  • Consider that they have the knowledge, skills and experience to serve on the AA and representative of designated groups.
  • Knowledge, skills and experience are expected in terms of the functioning of the AA (corporate governance and ethics), skills development legislation and the NSDS111, service delivery, PFMA and financial management, the services sector, the leadership role of the AA, as well as education, training, skills development and HR development and quality assurance of learning provision, have management and business skills and understand communication and marketing in relation to stakeholders.
  • Must be drawn from the ranks of senior officials in the organisation.
  • Nominees will be submitted to the Minister for consideration and he will make recommendations to Cabinet for approval.
    * Click here to access the Nomination Process & Form
 
Links
FASA INVITES NOMINATIONS TO SIT ON THE SSETA ACCOUNTING AUTHORITY
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Date: 17-19 May 2012
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