SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Demonstrate a working knowledge of the Insolvency Act of 1936 and the Messenger of the Court Act (Act 32 of 1994) 
SAQA US ID UNIT STANDARD TITLE
117023  Demonstrate a working knowledge of the Insolvency Act of 1936 and the Messenger of the Court Act (Act 32 of 1994) 
ORIGINATOR
SGB Marketing 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Marketing 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
The person credited with this Unit Standard will have a working knowledge of the Insolvency Act and the Messenger of the Court Act.

This standard will add value to learners who are starting their own business.

The qualifying learner is capable of:
  • Describing the essential functions of the Insolvency Act of 1936
  • Describing the essential functions of the Messenger of the Court Act of 1994
  • Explaining the impact of the Insolvency Act
  • Explaining the Impact of the Messenger of the Court Act
  • Explaining the basic requirements of the Insolvency Act
  • Explaining the basic requirements of the Messenger of the Court Act 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that Learners accessing this Unit Standards are competent in:
  • Mathematical Literacy at NQF Level 4
  • Communication at NQF Level 4 
    		•

    UNIT STANDARD RANGE 
    Legal requirements and functions of the Insolvency and Messenger of the Court Acts include all elements of the acts. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Describe the essential functions of the Insolvency Act of 1936. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The purpose of the Insolvency Act as it applies to the organisation is identified and outlined in a written document. 

    ASSESSMENT CRITERION 2 
    The functions of the Insolvency Act are explained in a written document. 

    ASSESSMENT CRITERION 3 
    The mandates of the Act as they apply to the organisation are explained in a written document. 

    SPECIFIC OUTCOME 2 
    Describe the essential functions of the Messenger of the Court Act of 1994. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The purpose of the Messenger of the Court Act as it applies to the organisation is are identified and outlined in writing. 

    ASSESSMENT CRITERION 2 
    The functions of the Messenger of the Court Act are explained in writing. 

    ASSESSMENT CRITERION 3 
    The mandates of the Act are known and applied at all times, and understood as they apply to the organisational. 

    SPECIFIC OUTCOME 3 
    Explain the impact of the Insolvency Act. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The effects of the Insolvency Act on businesses are outlined and explained in writing and with examples. 

    ASSESSMENT CRITERION 2 
    The effects of the Insolvency Act on a private individual are outlined and explained in writing with examples. 

    SPECIFIC OUTCOME 4 
    Explain the impact of the Messenger of the Court Act. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The effects of the Messenger of the Court Act on businesses are outlined and explained in writing with examples. 

    ASSESSMENT CRITERION 2 
    The effects of the Messenger of the Court Act on a private individual are outlined and explained in writing with examples. 

    SPECIFIC OUTCOME 5 
    Explain the basic requirements of the Insolvency Act. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The legal requirements of the Insolvency Act as they apply to a business are explained with examples. 

    ASSESSMENT CRITERION 2 
    Legal requirements of the Insolvency Act as they apply to a private individual are explained with examples. 

    SPECIFIC OUTCOME 6 
    Explain the basic requirements of the Messenger of the Court Act. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Legal requirements of the Messenger of the Court Act as they apply to a business are explained with examples. 

    ASSESSMENT CRITERION 2 
    Legal requirements of the Messenger of the Court Act as they apply to a private individual are explained with examples. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Accreditation for this Unit Standard shall be obtained from the relevant Education and Training Quality Assurance Body, through summative and formative assessment by a registered assessor.
  • Assessors must be registered as an Assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderators must be registered as assessors with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Training providers must be accredited by the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    Moderation should include both internal and external moderation where applicable. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The Insolvency Act
  • The Messenger of the Court Act 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems as they arise which are related to the implementation of the Acts. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when implementing the requirements of the Acts. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively so that all information regarding the implementation of the Acts is at hand at all times. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information regarding the requirements of the Insolvency and Messenger of the Court Act. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively with clients and specialists in the application of the Acts in the business. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related systems where non-conformance with the Acts impacts on the organisation and its operations. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  49086   National Certificate: Auctioneering Management  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was SERVICES until Last Date for Achievement 
    Elective  59201   National Certificate: Generic Management  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.