Skills Development Act, 1998 (Act No. 97 of 1998)

Chapter 7 : Financing Skills Development

28. Use of money in Fund
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(1)The money in the Fund may be used only for the projects identified in the national skills development strategy as national priorities or for such other projects related to the achievement of the purposes of this Act as the Director-General determines.

 

(2)The money allocated to the Fund in terms of section 8(3)(a) of the Skills Development Levies Act may be used to administer the Fund within a prescribed limit.

 

[Section 28 amended by section 12 of Act No. 37 of 2008]