New SAQA policy docs

Policy and Criteria for Recognising a Professional Body and Registering a Professional Designation for the Purposes of the National Qualifications Framework Act, Act 67 of 2008
(as amended, March 2018
)

Dear Mr van Biljon

SAQA: FORMULA FOR ANNUAL FEE - Response Eugene

Your e-mail message dated 30 September 2019 and our telephone conversation this afternoon, refer.

Please refer to:

1.  Clause 21 of the National Qualifications Framework Act, 2008 (Act No. 67 of 2008) - "21. Funds of SAQA: The funds of the SAQA consist of- (c) money received by the SAQA in respect of fees charged for services;".

2.  Clause 19 iv of the Policy & Criteria for Recognising a Professional Body and Registering a Professional Designation for the Purposes of the National Qualifications Framework Act, 2008(Act 67 of 2008 - as amended, March 2018).

Based on the above Act, the Board of the South African Qualifications Authority approved a new accounting policy for non-statutory bodies:

"A percentage of 0,27% of the non-statutory professional bodies' total revenue (means total income) minus income from donations and sponsorships with a minimum fee of R 10 000 and a maximum fee of R 200 000 payable per year will be recognised as revenue annually."

Yours sincerely

Eugene du Plooy

Tel        :        (012) 431-5052