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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

where we get a research paper on Nano chemistry....?
Maira Reply
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
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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