TECHNICAL, ENTREPRENEURIAL VOCATIONAL EDUCATION AND TRAINING: SUBSIDIARY LEGISLATION

TECHNICAL, ENTREPRENEURIAL VOCATIONAL EDUCATION AND TRAINING: SUBSIDIARY LEGISLATION

TECHNICAL, ENTREPRENEURIAL AND VOCATIONAL EDUCATION AND TRAINING (TRADE TESTING FEES) REGULATIONS

under s. 36

G.N. 26/2002

1.    Citation

    These Regulations may be cited as the Technical, Entrepreneurial and Vocational Education and Training (Trade Testing Fees) Regulations.

2.    Fees

    The fees prescribed in the Schedule shall be payable in respect of matters specified therein in relation to such fees.

(reg. 2)

SCHEDULE

        Matter    Fee

            K t

1. On application for a Trade Test—

    (a)    Grade III Trade Test    . .    . .    . .    . .    750 00

    (b)    Grade II Trade Test    . .    . .    . .    . .    1,500 00

    (c)    Grade I Trade Test    . .    . .    . .    . .    2,500 00

2. On issuance of a replacement of a Trade Test Certificate in respect of—

    (a)    Grade III Trade Test    . .    . .    . .    . .    1,000 00

    (b)    Grade II Trade Test    . .    . .    . .    . .    1,500 00

    (c)    Grade I Trade Test    . .    . .    . .    . .    2,000 00

TECHNICAL, ENTREPRENEURIAL AND VOCATIONAL EDUCATION AND TRAINING (ENDOWMENT FUND) RULES

under ss. 11, 16 and 28

G.N. 33/2003

1.    Citation

    These Rules may be cited as the Technical, Entrepreneurial and Vocational Education and Training (Endowment Fund) Rules.

2.    Interpretation

    In these Rules, unless the context otherwise requires—

    “Endowment Fund” means a subfund of the Technical, Entrepreneurial and Vocational Education and Training Fund;

    “Finance and Administration Committee” means the Finance and Administration Committee established by the Board under section 16 of the Act.

3.    Establishment of the Endowment Fund

    (1) There is hereby established, in terms of section 28 of the Act, an Endowment Fund.

    (2) The Endowment Fund shall be a subfund of the Fund.

    (3) The Endowment Fund shall be used to support technical education and training.

4.    Allocation to the Endowment Fund

    (1) The money to be allocated to the Endowment Fund shall be approved by the Board on the recommendation of the Finance and Administration Committee at the end of each fiscal year.

    (2) The money to be allocated to the Endowment Fund shall be derived from—

    (a)    interest gained on the accounts of the Fund;

    (b)    such a percentage as the Board may determine from time to time of—

        (i)    the levy contribution of the Government;

        (ii)    the fees collected in accordance with section 31 (c) of the Act;

        (iii)    grants or donations received from any source in or outside Malawi; and

    (c)    appropriations from Parliament.

    (3) Funds derived directly from levy collected from private employers shall not be allocated to the Endowment Fund.

5.    Use of the Endowment Fund

    (1) The Endowment Fund shall be administered in accordance with policies and procedures determined by the Board.

    (2) Without prejudice to the generality of subparagraph (1), the Endowment Fund shall be used to finance programmes which are part of the approved annual action plans and budget of the Authority and in particular—

    (a)    approved technical, education and training programmes;

    (b)    special programmes to support the technical education and training systems;

    (c)    user-free subsidization through scholarships, grants and loans in accordance with policies determined by the Board;

    (d)    governance and management structures of the technical education and training system;

    (e)    establishment and maintenance of technical education and training physical infrastructure of the Authority; and

    (f)    settlement of legal costs pertaining to the Endowment Fund.

6.    Management and Control of the Endowment Fund

    (1) The management and control of the Endowment Fund shall vest in the Board and the Board shall, on the recommendation of the Finance and Administration Committee—

    (a)    approve the annual action plan and budget of the Authority in respect of activities to be funded from the Endowment Fund;

    (b)    authorize expenditures in accordance with the Fund and administration policies and procedures of the Authority;

    (c)    advise on how the Endowment Fund shall be utilized;

    (d)    review utilization of funds and to issue reprimand to concerned officials, members and beneficiaries for such infringements as may be found; and

    (e)    receive and comment on the annual audit report of the Endowment Fund.

    (2) The Executive Director shall be responsible for managing the endowment Fund and shall maintain all necessary books and accounts to enable him to produce annually, or at such periods as the Board may direct, an income and expenditure account and balance sheet and such other accounts as may be required by the Board.

    (3) Without prejudice to the generality of paragraph (2) the duties of the Executive Director, in relation to the Endowment Fund shall include—

    (a)    preparing estimates of income and expenditure and submitting them to the Board for approval;

    (b)    maintaining books of accounts and all relevant documents and presenting them for inspection to the auditors and the Chairman of the Finance and Administration Committee;

    (c)    implementing directions of the Board;

    (…