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Updated: 19 May 2011 1 Fasset SMME Grant Guidelines 2011/2012 for Small, Micro and Medium Enterprises for the Period 1 January to 31 December 2011 Postal Address: PO Box 6801, Cresta, 2118 | Phone: (011) 476-8570 | Fax (Grant Applications): 086 574 1962 Call Centre: 086 101 0001 | Website: http://www.fasset.org.za | email: grantapplications@fasset.org.za INTRODUCTION       The Fasset Sector Skills Plans (SSPs) have consistently shown that the two main strategic focus areas for the Seta are 1) support for small businesses in funding training, and thereby potentially growing the employment profile and 2) ensuring that transformation of the demographic profile of the sector occurs to ensure population group representivity and the supply of labour to the sector. Made up of predominantly small organisations, employers in the Fasset sector have the potential to create employment opportunities. The sector mainly comprises a large number of very small organisations and a small number of very large employers. The majority (96%) of the organisations have fewer than 50 employees (Source: Fasset SSP 2010/2011). Current learner registration statistics (at 3 November 2010) indicate that only 50% of learners are black (this includes African, Coloured and Indian people) and only 0.3% of learners have disabilities. It is also evident from the demographics of the „Professionals‟ occupational group that black learners are not adequately integrated into the sector. As a result of this trend, Fasset is offering a grant geared to Small, Micro and Medium Enterprises (SMMEs). This grant enables employers to apply for a cash incentive if they have funded education and training interventions (as defined below) in the financial year 2011/2012 from 1 January to 31 December 2011 for specific employee groups. As this grant is operating on a first-come first-served basis, employers are not guaranteed that their grant application will be approved. Employers are encouraged to submit their applications as soon as possible to avoid disappointment. One application must be completed per beneficiary being claimed. GENERAL CRITERIA FOR GRANT APPROVAL           The grant application must be submitted to Fasset by no later than 1 March 2012. The Mandatory Grant for the period 1 April 2011 to 31 March 2012 must have been submitted and have been approved by Fasset for Skills Development Levy (SDL)-paying employers. The deadline for the Mandatory Grant is 30 June 2011. Failure to submit the Mandatory Grant by this date disqualifies the SDL-paying employer from applying for any discretionary grants (including the Learnership Cash Grant and the Strategic Cash Grant) during the financial year. Employers who are exempt from paying the SDL are not required to submit the Mandatory Grant. Non-Levy Payers (NLPs) must be registered NLPs with Fasset before applying for the grant. Relevant forms are available in the Downloads section of the Fasset website. The SDF submitting this application must be registered as an SDF with Fasset. Relevant forms are available in the Downloads section of the Fasset website. Only employers employing fewer than 50 employees at the time of applying are eligible for the grant. The grant application must be submitted to Fasset by no later than 1 March 2012 in respect of eligible learners (as defined below) completing an eligible education and training intervention in the period 1 January 2011 to 31 December 2011. No requests for extension will be considered. A Seta may not pay any grant to an employer who is liable to pay the SDL in terms of section 3(1) of the SDL Act unless the employer: has registered with the Commissioner in terms of the SDL Act, has paid the levies directly to the South African Revenue Service (SARS) in the manner and within the period determined in the SDL Act, is up-to-date with levy payments to SARS at the time of approval and in respect of the application period, has submitted a Mandatory Grant in respect of the previous financial year within the timeframes prescribed, and is registered with Fasset. Applications will be processed on a first-come first-served basis as of 1 April 2010, due to limited funding. Completed grant applications will be processed in the order in which they are received. Grant processing may take up to 3 months from the date of receipt of the application. Thereafter the request for payment of an approved grant will be sent to the Seta finance department. Should all be in order with the applicant‟s banking details, the grant will be paid out two to three weeks thereafter. SUBMISSION GUIDELINES   The grant must be completed correctly and submitted in the required format. The SDL number must appear on each page of the application form. SMME Grant Guidelines 2011/2012 Updated: 19 May 2011              2 Fasset The SDF and the relevant Authorised Signatory must sign each page of the grant application form. Names may not be typed in this space, signatures must be manually completed. Fasset must first approve the grant before any grant payments will be made. Applications must be forwarded directly to the Fasset Skills Planning Department. An official transcript or certificate showing successful progression or completion, must accompany each application. Fasset reserves the right to conduct monitoring visits to employers who have received this grant. An employer may apply for the grant at different times of the year, for different learners. This is provided that the maximum budget per employer is not exceeded. In the case of fax submission to the Seta, it is the applicant‟s obligation to ensure that the application is submitted to the Seta via the correct fax number and that a copy of the confirmation slip, with the correct number of pages transmitted, is retained for later use/proof. An original signed document must also be submitted. The correct fax number is 086 574 1962. In the case of hand delivery or courier, it is the applicant‟s obligation to ensure the document is submitted to the correct physical/postal address and physical proof (delivery note of sending the specified document via hand delivery or courier) is retained. Please confirm the physical address for delivery with the Fasset office prior to submission, as the Seta office is due to move from current premises (Block A, Eva Office Park, Corner Beyers Naude & Judges Avenue, Blackheath) on 1 June. Fasset offices close at 16h30 from Monday to Thursday, and at 16h00 on Friday. There is no „drop-box‟ on Fasset‟s premises or means of delivering the physical document after office closure. The application may however be faxed or emailed to the Seta before the deadline date. Please be aware that those delivering the document may not have access to alternative fax and email facilities, and the submission will be deemed late if is received / delivered after the deadline date. Postal submissions will not be accepted. A copy of the grant application must be kept on file by the applicant. Problems with professional body registrations should be brought to the attention of Fasset immediately, so that they Seta may intervene on the employer‟s behalf, if applicable. Fasset requests a copy of the employer‟s Black Economic Empowerment (BEE) scorecard, where applicable. CONFIDENTIALITY Fasset recognises the need for absolute discretion in respect of the information requested in grant applications. Employers are assured that all information will be treated as confidential. Information received in the grant applications are aggregated for the purposes of the Sector Skills Plan (SSP), research and strategic directives. SPECIFIC SMME GRANT CRITERIA FOR APPROVAL This grant is available to employers who provide financial support (internal bursaries) to specific employed learners to study at recognised institutions or professional bodies in scarce skills areas. The aim of the grant is to increase the number of specific learners with scarce skills in employment. The employer must meet the following requirements:  Only employers employing less than 50 employees, when applying are eligible for the grant.  Employers may be SDL-paying or exempt from paying the SDL (NLPs).  SDL-paying employers must ensure they have submitted an approved Mandatory Grant for 2010/2011 by 30 June 2011.  An employer who has applied for the Learnership Cash Grant (LCG) or Strategic Cash Grant (SCG) in the current financial year will not be eligible for this grant, and vice-versa. This is because the SMME Grant has been introduced to provide access to employers who have not typically enjoyed the benefits of the LCG or the SCG. Employers must decide which grant they would prefer to claim in the financial year. The learners being applied for must meet the following requirements:  The course to be funded must relate to a scarce skill in the Fasset sector. The intervention may be linked to a 6digit Organising Framework for Occupations (OFO) code. Go to http://www.nopf.co.za/ for more information.  Employers may only apply for this grant on black (African, Coloured and Indian) learners. This means that African, Coloured or Indian people who are South African (SA) citizens by birth or became a South African citizen before 27 April 1994 and have a valid SA identity document are eligible for the grant.  Employers may also apply for this grant on learners with disabilities, regardless of their population group and gender. The Employment Equity Act of 1998 defines people with disabilities as „people who have a long-term or recurring physical or mental impairment that substantially limits their prospects of entry into or advancement in employment‟. Physical impairments include hearing and visual impairments, paralysis, amputations and probSMME Grant Guidelines 2011/2012 Updated: 19 May 2011       3 Fasset lems with internal organs. Mental impairment includes clinically defined mental and emotional illnesses and learning disabilities. In addition to black and/or disabled learners being funded in scarce skills areas, employers may submit a claim for National Qualifications Framework (NQF) level 7 or 8 courses (including Masters, MBA, PhD and above and excluding Honours in Accounting, BCompt or the like associated with obtaining a learnership or professional designation) courses for white women. The „Old‟ NQF table will be used until the new descriptors are gazetted. All claims must be in respect of learners who are in possession of a valid South African Identity document (ID) and are South African citizens. The learner must be employed by a Fasset-registered firm (SDL-paying or NLP). The course must be offered to learners in full-time employment with the employer. Only successful learners can be put forward for this grant. 'Double-dipping' on the same learner is also not allowed. A learner who has been submitted for the LCG or SCG in the current or a previous financial year will not be eligible for this grant. The educational intervention being applied for must meet the following requirements:  When reported in the grant application, the intervention may be linked to a 6-digit Organising Framework for Occupations (OFO) code. Go to http://www.nopf.co.za/ for more information.  All claims must relate to a completed period of study. An official transcript or certificate showing successful progression or completion, must accompany each application.  For undergraduate degrees, if a learner fails a minor subject which can be carried over without destroying the overall length of the degree, then Fasset will assess the grant claim for the year. If a student fails a major subject which will affect the overall length of the study period for the degree and the learner does not progress into the next year of the undergraduate degree, the claim will not be paid. The major subject/s of the learner must be clearly indicated on the transcript.  The learner should complete the course of study within the period 1 January to 31 December 2011. This should be reflected in the academic transcript or certificate.  Details of the recognised institution such as status of accreditation and alignment to unit standards and qualification must be reported in the application.  The NQF level of the course must be specified in the application, along with the duration of the course.  The education and skills level of the programme may span NQF level 1 to 8, however must be linked to a scarce skill. The „Old‟ NQF table will be used until the new descriptors are gazetted.  No short courses, workshops or international conferences may be included in this grant claim. Courses must be a minimum of one year, or 120 credits.  The educational intervention must be Learning Type A or B in the learning programmes matrix (see the table below) i.e. (A) Institution-based theoretical instruction alone – formally assessed through the institution or (B) Institution-based theoretical instruction and some practical learning with an employer or in a work simulated environment – formally assessed through the institution. The grant claim amounts are as follows:  The amount to be claimed is capped at a specific limit depending on the organisation size.  One application must be completed per beneficiary.  Claims are to be based on tariffs, not the cost. The grant is limited to the maximum amount stated per organisation size category, or the lesser amount of the tariff.  Claim amounts are as follows: Table 1: Allowable grant claim amounts per size of organisation SMME Grant Guidelines 2011/2012 Size of Organisation Allowable Amount 1–5 R 11,000 6 – 10 R 22,000 11 – 15 R 33,000 16 – 20 R 44,000 21 – 25 R 55,000 26 – 30 R 66,000 31 – 35 R 77,000 36 – 40 R 88,000 41 – 45 R 99,000 45 – 49 R 110,000 Updated: 19 May 2011 4 Fasset TARIFFS The NQF Level and Tariffs for Academic and Professional Study is as follows: Table 2: NQF Level and Tariffs for Academic and Professional Study ‘New’ NQF ‘Old’ NQF 10 8 Doctorates / PhD 9 8 Masters Degrees (research only) 9 8 8 Approx. Length of the Programme (in years) * 3) Residential student (tuition, books, stationery, accommodation, meals, travel) 1) Distance fees (tuition, books, stationery, travel only) 2) Day student (tuition, books, stationery, travel only) 2 R 25,000 on completion R 25,000 on completion R 45,000 on completion 2 R 25,000 on completion R 25,000 on completion R 45,000 on completion Masters Degrees (coursework and research) 2 R 25,000 on completion R 25,000 on completion R 45,000 on completion 8 Masters in Business Administration (MBA) 2 NA R 85,000 on completion R 105,000 on completion 8 7 Postgraduate Diplomas and Professional Qualifications 2 R 10,000 on completion R 20,000 on completion R 40,000 on completion 8 7 Honours 1 R 10,000 on completion R 20,000 on completion R 40,000 on completion 7 6 Bachelor‟s Degrees and Advanced Diplomas 3 R 10,000 per year, full-time R 20,000 per year, full-time R 40,000 per year full-time 6 5 National Diplomas and Advanced Certificates 3 R 10,000 per year, full-time R 15,000 per year, full-time R 35,000 per year full-time 5 5 Higher Certificates and Advanced National (Vocational) Certificates 2 R 10,000 per year, full-time R 15,000 per year, full-time R 35,000 per year full-time 4 4 Certificate FET (private and public) 1 R 10,000 on completion R 10,000 on completion R 30,000 on completion Title of qualification * 1 year = approximately 120 credits Table 3: NQF Level and Tariffs for Academic and Professional Study for Learners with a Disability For the funding of learners with a disability, the grant is increased as follows: ‘New’ NQF ‘Old’ NQF 10 8 Doctorates / PhD 9 8 9 8 8 8 2) Day student (tuition, books, stationery, travel only) 2 R 43,750 on completion R 43,750 on completion R 78,750 on completion Masters Degrees (research only) 2 R 43,750 on completion R 43,750 on completion R 78,750 on completion Masters Degrees (coursework and research) 2 R 43,750 on completion R 43,750 on completion R 78,750 on completion 8 Masters in Business Administration (MBA) 2 NA R 148,750 on completion R 183,750 on completion 7 Postgraduate Diplomas and Professional Qualifications 2 R 17,500 on completion R 35,000 on completion R 70,000 on completion 8 7 Honours 1 R 17,500 on completion R 35,000 on completion R 70,000 on completion 7 6 Bachelor‟s Degrees and Advanced Diplomas 3 R 17,500 per year, full-time R 35,000 per year, full-time R 70,000 per year full-time SMME Grant Guidelines 2011/2012 Approx. Length of the Programme (in years) 3) Residential student (tuition, books, stationery, accommodation, meals, travel) 1) Distance fees (tuition, books, stationery, travel only) Title of qualification Updated: 19 May 2011 5 ‘New’ NQF ‘Old’ NQF 6 5 National Diplomas and Advanced Certificates 5 5 4 4 Approx. Length of the Programme (in years) Fasset 3) Residential student (tuition, books, stationery, accommodation, meals, travel) 1) Distance fees (tuition, books, stationery, travel only) 2) Day student (tuition, books, stationery, travel only) 3 R 17,500 per year, full-time R 26,250 per year, full-time R 61,250 per year full-time Higher Certificates and Advanced National (Vocational) Certificates 2 R 17,500 per year, full-time R 26,250 per year, full-time R 61,250 per year full-time Certificate FET (private and public) 1 R 17,500 on completion R 17,500 on completion R 52,500 on completion Title of qualification LEARNING PROGRAMMES TYPE MATRIX The following programmes on the Learning Programmes Matrix are acceptable for this grant. Table 4: Learning Programmes Type Matrix # Learning Type Learning Site Learning Mode Learning Achievement A Institution-based theoretical instruction alone – formally assessed through the institution Institutional e.g. universities, colleges, schools Including: Face-to-face instruction, distance learning, eLearning Recognised theoretical knowledge provided by an accredited or registered formal institution of learning e.g. Degree, Diploma, Certificate Institution-based theoretical instruction and some practical learning with an employer or in a work simulated environment – formally assessed through the institution Institutional and workplace, e.g. universities of technology (previously technikons), occupational learning institutions Mixed mode delivery with some face-to-face instruction (or distance or eLearning) and supervised learning in an appropriate workplace or simulated environment Theoretical knowledge provided by an accredited or registered formal institution of learning and workplace experience with set requirements e.g. Technical Degree (TDe), Technical Diploma (TDi), Technical Certificates (TC), Professional Degree, e.g. social work, medical doctor (PD) B SMME Grant Guidelines 2011/2012 Abb. ED TDe TDi TC PD Updated: 19 May 2011 6 Fasset DEFINITION OF KEY TERMS Black and People with Disabilities and White Women on NQF Level 7 and 8 Qualifications  Black (African, Coloured and Indian) learners means African, Coloured or Indian people who are South African citizens (SA) by birth or became a South African citizen before 27 April 1994 with a valid SA Identity document.  Employers may also apply for this grant on learners with disabilities, regardless of population group and gender. The Employment Equity Act of 1998 defines people with disabilities as „people who have a long-term or recurring physical or mental impairment that substantially limits their prospects of entry into or advancement in employment‟. Physical impairments include hearing and visual impairments, paralysis, amputations and problems with internal organs. Mental impairment includes clinically defined mental and emotional illnesses and learning disabilities  Employers may submit a claim for NQF level 7 or 8 courses (including Masters, MBA, PhD and above and excluding Honours in Accounting, BCompt or the like associated with obtaining a learnership or professional designation) courses for white women. The „Old‟ NQF table will be used until the new descriptors are gazetted. The National Qualifications Framework (NQF) provides principles and guidelines for recording learner achievements. Based on nationally recognised qualifications, the NQF encourages lifelong learning. Qualifications have been divided into ten levels as indicated in the table below. Descriptions of the ten levels have not yet been finalised by the South African Qualifications Authority (SAQA) and draft descriptions are provided below. Table 5: Proposed descriptors for 10-level NQF Band Higher Education and Training (HET) Level Qualification and Certificates 10 Doctorates 9 7 Masters Degrees Post-graduate diplomas and Professional Qualifications Bachelors Degrees and Advanced Diplomas 6 Diplomas and Advanced Certificates 8 5 Further Education and Training (FET) General Education and Training (GET) 4 3 2 1 Higher Certificates and Advanced National (vocational) Certificates Std 10 / Grade 12, N3 / NCS National Senior Certificate and National (vocational) Certificates Std 9 / Grade 11, N2 / NIC National (vocational) Certificates Std 8 / Grade 10 Further Education and Training Certificates Senior ABET Level 4 Phase, Std 7 / Grade 9 Intermediate ABET Level 3 Phase Foundation ABET Level 2 Phase Pre-School SMME Grant Guidelines 2011/2012 ABET Level 1 Institutions Tertiary / Research / Professional Instructions Universities / Technikons / Colleges / Private / Professional Institutions / Workplace / etc. Formal High schools / Private / State schools Formal schools (Urban / Rural / Farm / Special) Technical / Community / Police / Nursing / Private colleges Industry Training Boards / Unions / Workplace, etc Occupation / Work-based training / Upliftment programmes / Community programmes NGOs / churches / Night schools/ ABET programmes / Private providers/ Industry training boards / Unions/ Workplace, etc Updated: 19 May 2011 7 Fasset Table 6: 8-level NQF Band Level 8 Higher Education and Training (HET) 7 6 5 Qualification and Certificates Post-doctoral research degrees Doctorates Masters degrees Professional qualifications Honours degrees National first degrees Higher diplomas National diplomas National certificates Further Education and Training (FET) 4 3 2 National certificates General Education and Training (GET) 1 ABET Level 4/ Grade 9 National certificates Scarce Skills refer to those occupations in which there are is a scarcity of qualified and experienced people, currently needed or anticipated in the future, either (a) because such skilled people are not available or (b) they are available but do not meet employment criteria. Where an optional scarce skills code (from the Organising Framework for Occupations (OFO)) is requested on the application form, please provide a 6-digit OFO code. Below is a list of scarce skills experienced in the Fasset sector. Where an employer believes that new scarce skills have emerged, they may submit their skills shortage area with a written justification to the Seta. As the scarce skills list is published with the grant application form 12-18 months in advance, discretion is allowed in terms of the application of criteria. Go to http://www.nopf.co.za/ for more information. Table 7: 6-digit occupations in which vacancies are experienced (Source: Sector Study 2007) Occupation 135102 221100 221101 221203 221204 223101 223301 224103 224301 261102 261303 551101 551201 591103 611201 Job Title ICT Project Manager Trainee Accountant Accountant (General) External Auditor Internal Auditor Human Resource Advisor Training and Development Statistician Economist Systems Analyst Software Engineer Accounting Clerk Bookkeeper Purchasing Officer Insurance Agent Source: Sector Skills Plan 2008 SMME Grant Guidelines 2011/2012 Employment 190 13910 13300 2880 580 110 260 30 40 470 160 730 4230 120 110 Vacancy Rate 5.9 6.1 6.1 15.9 8.3 7.3 5.9 20.9 60.7 31.1 6.3 6.7 6.5 14 6.4 Updated: 19 May 2011 8 Fasset SMME Grant Application 2011/2012 for Small, Medium and Micro Enterprises for the Period 1 January to 31 December 2011 Postal Address: PO Box 6801, Cresta, 2118 | Phone: (011) 476-8570 | Fax (Grant Applications): 086 574 1962 Call Centre: 086 101 0001 | Website: http://www.fasset.org.za | email: grantapplications@fasset.org.za Section A: Particulars of the Organisation Complete the information in the table below. Specify all SDL numbers and corresponding organisation names. Name of organisation SDL number (include the SDL number and name of main and linked SDLs) Date of submission of this grant application How many employees do you employ (must be less than 50 people)? Section B: Compliance with Criteria Please tick () the appropriate box if you comply with the statements below. If you do not comply with the statements below, please mark the box with an X. Please note: If you do not comply with the statements below, your grant will be rejected. For Non Levy Paying (NLP) members of the Seta: Bi A copy of the EMP 201 form is attached; indicating that the firm is a NLP with SARS. Bii A Non-Levy Payer (NLP) Registration for the period 1 April 2011 to 31 March 2012 (due 30 June 2011) has been submitted to and approved by Fasset. For Skills Development Levy (SDL) Paying members of the Seta: Biii This employer is registered with Fasset and is up-to-date with SDL payments to SARS. Biv A Mandatory Grant for the period 1 April 2011 to 31 March 2012 (due 30 June 2011) has been submitted to, and approved by Fasset. For SDL and non-SDL members of the Seta: Bv A copy of your Black Economic Empowerment (BEE) Scorecard, where applicable, has been attached. SMME Grant 2011/2012 Application Form SDL or NLP No. SDF Signature Authorised Signatory Signature Updated: 19 May 2011 9 Fasset Section C: Beneficiaries Details Please complete the table below. Examples are available in the shaded section. Please add rows if you have more learners that need to be included. An academic transcript must be attached for each learner claimed against. One application must be completed per beneficiary being claimed. Example Course Title Name of Provider Status of Provider Accreditation Alignment to Unit Standards & Qualification (SAQA ID Number) Learning Programme Type (see Learning Programmes Matrix) Specify NQF level First Name Surname ID Number Population Group e.g. African, Indian Gender Type of Disability Is this learner a South African citizen? Masters of Commerce: International Taxation University of KwaZulu-Natal Quality Assuring Body: CHE - Council for Higher Education 81287 Type A – Institution-based theoretical instruction 8 Fatimah Mohammed 6917091248086 Indian Female Not applicable Yes Commencement Date 15 February 2009 End Date 15 January 2011 Length of Intervention Link to Scarce Skill OFO code (optional) Postgraduate Masters Degree 2 years 1111 Scarce Skill Title Chief Executives & Managing Directors (Enterprises/Organisations) Outcome to Date Course successfully completed Explanation of Tariff (see Classification Scheme - Tariffs) Day student (tuition, books, stationery, travel only) Tariff to be claimed R25,000 Actual expense R37,500 Maximum claim amount on basis of organisation size Evidence of achieved qualification attached to this application? Applicant details R 33,000 – organisation size is between 11 and 15 people Yes Please refer to the guidelines section for detail on the information requested above. SMME Grant 2011/2012 Application Form SDL or NLP No. SDF Signature Authorised Signatory Signature Updated: 19 May 2011 10 Fasset Section D: Survey of Seta Impact This information is required for an impact and effectiveness study Fasset is conducting. It will allow us to determine learner progress from school, to tertiary education (if applicable) and into the world of work. Please complete the questions below for each individual against which the company will be claiming the SMME Grant. Did this learner matriculate in a rural or urban area? What place and province did this learner matriculate in? Did this learner achieve their highest level of education in a rural or urban area (where not Matric)? In what place and province did this learner achieve their highest level of education? Is this learner employed by an employer in a rural or urban area? In what place and province is this learner employed? SMME Grant 2011/2012 Application Form SDL or NLP No. SDF Signature Authorised Signatory Signature Updated: 19 May 2011 11 Fasset Section E: Authorisation SDF CONTACT DETAILS If you are not registered as a Skills Development Facilitator (SDF) with Fasset this grant application will be rejected. If the applicant company is not a registered Non Levy Payer (NLP) with Fasset, the grant will be rejected. Please ensure that the SDF registration documentation is completed and approved by Fasset before submitting this application. Name of Skills Development Facilitator (SDF) Identity Number of SDF Details Authorised Signatory email: telephone: fax: telephone: fax: Name of Authorised Signatory (e.g. CEO, Managing Partner) Position in organisation Details Authorised Signatory email: I, ………………………..……. the Authorised Signatory, declare that this application for a SMME Grant 2011/2012 is to the best of my knowledge true and correct. I understand that Fasset may independently verify the information. I also understand that it is an offence in terms of section 33(b) of the Act to knowingly furnish any false information in this application and that I may be fined or imprisoned for one year if found guilty of knowingly furnishing such false information. This authorisation certifies that consultation has occurred between employer and employees through the Training Committee, if applicable. This is proof that the signatories certify the accuracy of the information presented in the attached sections. Fasset reserves the right to independently verify information supplied. The responsibility for the correctness of this document rests with the employer. By submitting this application, the parties to the application acknowledge that Fasset and/or any of its affiliates will be processing the personal information included in this application. The processing of such information by Fasset will be carried out in accordance with the law and in a proper and careful manner in order to not intrude upon the privacy of the data subject to an unreasonable extent. The purpose of processing the personal information belonging to the application is to conform with the performance monitoring process instituted by the Department of Higher Education and Training (DHET) which Fasset is required to complete on a quarterly basis. By submitting this application the parties agree that the purpose of collection of the personal information as discussed is adequate, relevant and not excessive. The parties specifically record that all personal information processed shall constitute confidential information and shall be treated as such by all the parties involved respectively. By completing and signing this application form, the authorised signatory confirms that the application guidelines for this grant have been read and understood. Section F: Banking Details Only complete this section in full if you have NOT submitted banking details before or if your banking details have changed since your last submission of banking details information. Please note that banking details are only required for the purpose of a refund. Attach at least one of the following to confirm banking details: copy of cheque, original cancelled cheque or a letter from the bank confirmed details. Payment will be made to the person/entity in whose name the expense was incurred. Registered Name Trading Name Postal address Postal code Skills Development Levy number Company/Entity Registration Number Details of Company/Entity bank account are as follows: Name of Bank Branch code Type of account Please tick the appropriate box () Branch Account number Savings Current To Whom it May Concern: The Company/Entity authorises you to pay any amounts which may accrue to the Company/Entity into the Company‟s/Entity‟s account with the bank reflected above. The Company/Entity understands that the credit transfers, which it has authorised, will be processed by computer through a system known as the “ACB ELECTRONIC TRANSFER SERVICES”. The Company/Entity also understands that no additional advice of payment will be printed on the Company‟s/Entity‟s bank statement or any accompanying voucher. The Company/Entity may cancel this authority by giving thirty (30) days written notice to this effect, such notice to be sent by prepaid registered post. Name Identity No. Job title Signed by the employer representative whose details appear above and who warrants that he/ she is duly authorised to bind the company. SMME Grant 2011/2012 Application Form Date

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