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 an understanding of agriculture based auctioning |
SAQA US ID | UNIT STANDARD TITLE | |||
377345 | Demonstrate an understanding of agriculture based auctioning | |||
ORIGINATOR | ||||
Task Team - Auctioneering | ||||
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 | NQF Level 05 | 2 |
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 |
This Unit Standard would be useful to all people involved in the Auctioneering industry, particularly those involved in the Auctioneering of agricultural related products.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that learners accessing this Unit Standard are competent in Communication and Mathematical Literacy at NQF Level 2 or equivalent. |
UNIT STANDARD RANGE |
The relevant acts and standards will include:
Clauses will include payment required, description of asset, transfer of possession, voetstoets, cancellation, breach, nominee, price, commissions and payments. |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain and describe the purpose and function of relevant Acts and operational standards. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
A copy of the required legislative act is sourced and filed in accordance with organisational storage requirements. |
ASSESSMENT CRITERION 2 |
The applicability of the act is explained in terms of the context it is applied in. |
ASSESSMENT CRITERION 3 |
The enforcement process of the act is described in terms of what it means for individual auctioneering organizations and buyers. |
ASSESSMENT CRITERION 4 |
The process required before the auction can take place and the process that the auction must follow are explained in terms of the requirements of the relevant Act. |
SPECIFIC OUTCOME 2 |
Demonstrate an understanding of the conditions of sale for agricultural products. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The purpose and nature of a valid mandate is explained in terms of the advantages, disadvantages and legal requirements for both the auctioneer and the seller. |
ASSESSMENT CRITERION 2 |
Suspensive conditions pertaining to agricultural auctioning are explained in terms of the procedure followed. |
ASSESSMENT CRITERION 3 |
The removal of the product is described in terms of the procedure followed and applicable timeframes. |
SPECIFIC OUTCOME 3 |
Explain the auctioning process for agricultural products. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The sales process is described in line with company procedures for the relevant products to be auctioned. |
ASSESSMENT CRITERION 2 |
The terms "with or without reserve" are explained in line with relevant legislation. |
ASSESSMENT CRITERION 3 |
Auction conditions are communicated to all potential bidders in accordance with organisational regulations. |
ASSESSMENT CRITERION 4 |
The term "sold subject to confirmation" is explained in line with organisational operating procedures. |
ASSESSMENT CRITERION 5 |
Commission procedure on completion of the auction is described in terms of relevant regulations. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems, which will affect the successful outcome of the auction. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities to have all relevant legislative acts and amendments available. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and critically evaluate information pertaining to the product to be auctioned. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively with sellers and buyers in preparing for an auction. |
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 | |
Elective | 80547 | National Certificate: Auctioneering Practices | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
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. |