In November 2015, the Minister re-established Setas for a further two years effective from 1 April 2016 to 31 March 2018. The Board was also re-appointed to align to the re-establishment period.
The Fasset Board is supported by five Sub-committees: Executive, Audit and Risk, Finance, Remuneration & Human Resources; and Procurement. Three advisory/working committees are also in place: Employer Working Committee, Initial Professional Development Working Committee and Learner Interest Working Committee. Details on the Board and each of the Committees are outlined below.
The Board is Fasset’s Accounting Authority. As the highest governing structure, the Board provides strategic leadership for Fasset; it provide assurance to all stakeholders that Fasset is fulfilling its obligations in terms of the Fasset constitution and the Skills Development Act, and reports to the Minister of Higher Education and Training as the Executive Authority of the Seta.