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15. Every public school is a juristic person, with legal capacity to perform its functions in terms of this act.

As a juristic person the school exists independently from its members, which implies that the school has rights and responsibilities in its own name as if it were a natural person. The school can therefore enter into contracts; however it does so through its school governing body, that is the school governing body acts on behalf of the school – it has decision-making powers concerning the school and may bind the school legally [Potgieter (1997; 12)]. A member of the school governing body shall not be liable for any debt, damage or loss incurred by the school unless he or she acted without authorisation or with malicious intent, in which case he or she may be held responsible for the debt, damage or loss [Rajah S (2003; 2)].

Section 16 of SASA [Governance and Professional Management of Public Schools] states:

16. (1) Subject to this act … the governance of a public school is vested in its governing body

16. (2) A governing body stands in a position of trust towards the school,

which implies that the overall governance of a public school is vested in its school governing body – in other words the school governing body is liable to perform the statutory/fiduciary functions relating to the school’s assets, liabilities and resources; in essence the SGB must take responsibility for the financial management of the school.

Jones (2000; 9) states that the ultimate responsibility for the accuracy of the books (of account) is the school principal even if he or she does not have the task of maintaining the books on a regular basis – the management of the schools finances is (however) a primary function of the school governing body. This brings about the question: who is responsible for what?

According to Clarke (2008; 280) adapted – these overlapping responsibilities need to be minimised. The lines of authority need to be clearly drawn so it is quite clear who is responsible (if and) when problems arise. There are essentially three areas of responsibility:

  • management of the financial process – this is essentially an operational role; normally delegated to the finance officer or bursar
  • financial management (of income and expenditure AND assets and liabilities); this is normally the responsibility of the school principal
  • oversight functions – ensuring that there are policies and procedures in place to control the schools’ finances; this is the responsibility of the school governing body and its finance committee (FINCOM)

The South African Schools Act makes provision for school governing bodies to establish committees. Section 30 [Committees of the Governing Body] reads as follows:

30. (1) a governing body may-

30. (1) (a) establish committees, including an executive committee (and finance committee); and

30. (1) (b) appoint persons who are not members of the governing body to such committees on grounds of expertise, but a member of the governing body must chair each committee.

Questions & Answers

find the 15th term of the geometric sequince whose first is 18 and last term of 387
Jerwin Reply
I know this work
The given of f(x=x-2. then what is the value of this f(3) 5f(x+1)
virgelyn Reply
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how do they get the third part x = (32)5/4
kinnecy Reply
can someone help me with some logarithmic and exponential equations.
Jeffrey Reply
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I don't understand what the A with approx sign and the boxed x mean
it think it's written 20/(X-6)^2 so it's 20 divided by X-6 squared
I'm not sure why it wrote it the other way
I got X =-6
ok. so take the square root of both sides, now you have plus or minus the square root of 20= x-6
oops. ignore that.
so you not have an equal sign anywhere in the original equation?
is it a question of log
I rally confuse this number And equations too I need exactly help
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Commplementary angles
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a perfect square v²+2v+_
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Abdirahman Reply
algebra 2 Inequalities:If equation 2 = 0 it is an open set?
Kim Reply
or infinite solutions?
The answer is neither. The function, 2 = 0 cannot exist. Hence, the function is undefined.
Embra Reply
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Nancy Reply
rolling four fair dice and getting an even number an all four dice
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Kristine 2*2*2=8
Bridget Reply
Differences Between Laspeyres and Paasche Indices
Emedobi Reply
No. 7x -4y is simplified from 4x + (3y + 3x) -7y
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how do you translate this in Algebraic Expressions
linda Reply
Need to simplify the expresin. 3/7 (x+y)-1/7 (x-1)=
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. After 3 months on a diet, Lisa had lost 12% of her original weight. She lost 21 pounds. What was Lisa's original weight?
Chris Reply
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types of nano material
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I start with an easy one. carbon nanotubes woven into a long filament like a string
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Yes, Nanotechnology has a very fast field of applications and their is always something new to do with it...
Himanshu Reply
good afternoon madam
what is system testing
what is the application of nanotechnology?
In this morden time nanotechnology used in many field . 1-Electronics-manufacturad IC ,RAM,MRAM,solar panel etc 2-Helth and Medical-Nanomedicine,Drug Dilivery for cancer treatment etc 3- Atomobile -MEMS, Coating on car etc. and may other field for details you can check at Google
anybody can imagine what will be happen after 100 years from now in nano tech world
after 100 year this will be not nanotechnology maybe this technology name will be change . maybe aftet 100 year . we work on electron lable practically about its properties and behaviour by the different instruments
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how hard could it be to apply nanotechnology against viral infections such HIV or Ebola?
silver nanoparticles could handle the job?
not now but maybe in future only AgNP maybe any other nanomaterials
I'm interested in Nanotube
this technology will not going on for the long time , so I'm thinking about femtotechnology 10^-15
can nanotechnology change the direction of the face of the world
Prasenjit Reply
At high concentrations (>0.01 M), the relation between absorptivity coefficient and absorbance is no longer linear. This is due to the electrostatic interactions between the quantum dots in close proximity. If the concentration of the solution is high, another effect that is seen is the scattering of light from the large number of quantum dots. This assumption only works at low concentrations of the analyte. Presence of stray light.
Ali Reply
the Beer law works very well for dilute solutions but fails for very high concentrations. why?
bamidele Reply
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Financial management of schools. OpenStax CNX. Nov 16, 2009 Download for free at http://cnx.org/content/col11137/1.1
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