Subject Title - INSETA

The main reason for the differentiation and classification of qualifications is toindicate if a person has to complete a regulatory examination, in addition tothe qualification. To differentiate between the qualifications, the Regulatorintroduced a "rating" system.IF YOU...have a qualification and the contentmeets the qualifying criteria onlypartially, it is recognised as aGeneric (G) qualificationhave a qualification and the contentmeets the qualifying criteria 80%,it is recognised as a Specific (S)qualification. This recognition onlyapplies to representatives/soleproprietors authorised prior to 2010and will be replaced by SP from2010 onwards.have a qualification and the contentmeets the qualifying criteria 100%,it is recognised as a Specific (SP)qualification. The recognitionapplies to pre and post 2010.THEN YOUhave to complete a product-specificregulatory examination.will be exempted from the productspecificregulatory examination,provided you were first authorised priorto 2010.will be exempted from the productspecificregulatory examination.Generic qualifications must meet the criteria below:Section 3(6) of Board Notice 105 of 2008 says:(i) The qualification must be approved by the Registrar as a genericqualification for meeting the entry level qualification requirement inrespect of Category I/II/IIA and/or III.(ii) The generic qualification must be completed in full.(iii) The individual must have successfully completed a minimum of threedifferent subjects or modules that appear in the appropriate subjectlist 33 . Provided that at Certificate and Diploma level, the qualificationmust contain at least three of these subjects with at least one of thesubjects in the field of commerce, and where a certificate or diplomahas major subjects, at least one must be a major subject (final yearlevel) and;33 The list of appropriate subjects is published in Part IV of Board Notice 105 of 2008.70 © INSETA - Section 1 12a