1. Purpose of Funds and Assets allocated to schools.
1.1. Establish a school fund and uses according to the directives by provincial HoD.
1.1.1. Before 2021 most schools were only allowed one bank account, in 2021 the HoD instructed a second bank account to be opened for NSNP funds due to mismanagement and bad reporting.
1.2. Funds may be used for:
1.2.1. Educational purposes of said school.
1.2.2. Education purposes of another public school as agreed upon by schools.
1.2.3. Performance of government body functions
1.2.4. Educational purposes between SGB and HoD.
2. School Fees:
2.1. Schools may only be charged if
3. Related Policies and Legislation
3.1. Government Gazettes:
3.1.1. No. 16987 of 14 February 1996: Admission Policies - Discrimination
3.1.2. S7 of Act 50 of 2002: Preparation of Annual Budgets
3.1.3. S7 of Act 57 of 2001: Regulations for parent meetings on approval of annual budgets.
3.2. SASA 84 of 1996
3.2.1. Chapter 39(4)
3.2.2. Chapter 48(1)
3.3. Employment of Educators Act, Act 101 of 1997
3.3.1. Provisioning of staff to public schools
3.4. National Norms and Standards for school funding of 1998 as amended in 2006.
3.5. Companies Act of 1984, Act 69 of 1984
3.6. Public Accountants and Auditors Act, 1991, Act 80 of 1991.
3.7. National School Nutrition Programme
4. Related Parties & Responsibilities
4.1. National Department
4.1.1. Detemines provincial allocations and Norms and Standards.
4.2. Provincial Departments
4.2.1. Responsible for division, allocation of payments to schools with section 21 functions.
4.3. District offices of education
4.3.1. Monitoring & Evaluation of payments to schools with section 21 functions.
4.4. School Governing Bodies
4.4.1. Managing the financial function and finances of the school including reporting and appointment of independent Auditor to examine or Audit.