BANKSETA AR 31 AUGUST

Comments for Noting

It must be noted that the output

indicator for 2021/22 only measures

the percentage of

mandatory grants

claimed compared

to total mandatory levy received.

Discretionary Grants are processed 100% in line with

Accounting Authority approved process and regulations provided that

supporting evidence is received

Reasons for Deviations

None Not Applicable

97.89% 1.89% BANKSETA makes

concerted efforts to encourage and support

levy payers to successfully

submit WSPs and ATRs in

order to be paid

their mandatory grant

from Planned Target to Actual

Deviation

Achievement 2021 - 2022

Actual

Achievement

Procurement

plan that is in compliance

with NT and

DHET prescripts submitted

Planned Annual Target

Submit

procurement

plan that is in

compliance with NT and DHET prescripts

96% of Mandatory and discretionary

grants payments processed in line with the

Accounting

Authority approved process and regulations

Audited Actual Performance 2020 - 2021

Procurement

plan that is in compliance

with NT and

DHET prescripts submitted

% of Mandatory grants claimed 97% 100% 97%

Actual

Audited

Performance 2019 - 2020

Procurement

plan that is in

compliance with NT and DHET prescripts submitted

Output

Indicator

Submitted

procurement

plan that is in

compliance with NT and DHET prescripts

Annual Performance Report for the Period 1 April 2021 to 31 March 2022 Outcome Output Processing/ payment of mandatory grants and discretionary grants in line with the Accounting Authority approved process and regulations Accounting Authority Approval of the Procurement Plan for submission to DHET and NT

1.5 Financial Management and Reporting (continued)

37

PART B: PERFORMANCE INFORMATION | BANKSETA ANNUAL REPORT 2021/22