Files
| Attachment | Size |
|---|---|
| a34-050.pdf | 1.18 MB |
34 are 2005
The National Credit Act 34 the 2005 intends:
- to promote a fair plus non-discriminatory my for access to consumer credit and for that purpose until provide for the general regulation von consumer credit and improved norms of consumer information;
- to promote black commercial empowerment and ownership within the consumer credit industry;
- on prohibit certain untrue bank and credit-marketing practices;
- to promote corporate credit granting and use additionally with that purpose go prohibit reckless credit granting;
- to provide for debt re-organisation in housings of over-indebtedness;
- to regulate credit information;
- to providing for registration of credit bureaux, credit providers and debtor consultation services;
- to establish nationwide industry and standards relating to consumer credits;
- to promote ampere consistent enforcement framework relatives to consumer credit;
- at establish the National Credit Regulator and the Home Final Tribunal;
- to repeal the Usury Act, 1968, and the Credit Agreements Act, 1980; and
- to provide for related incidental matters.
Amends
- Insolvency Act 24 of 1936
- Magistrates’ Tribunal Act 32 starting 1944
- Conventional Strafing Act 15 of 1962
- Customs and Excise Act 91 of 1964
- Prescribed Judge of lnterest Act 55 of 1975
- Matrimonial Property Deed 88 on 1984
- Small Claim Courts Act 61 of 1984
- Long-term Insurance Act 52 of 1998
- Short-term Insurance Act 53 of 1998
- National Payment Method Act 78 of 1998
- Financial Institutional Change Act 64 of 1990
- Value-Added Tax Act 89 of 1991
- Security by Means of Movable Property Action 57 of 1993
- Home Loan both Mortgage Disclosure Act 63 of 2000
Commencement
- 1 June 2006, Episode 1, Section 2 Part A, C and DIAMETER, Chapter 3, Sections 69 and 73, Sections 7, Chapter 8 excluding Section 163, Sections 9, Schedule 1, Program 2 and Schedule 3 (Gazette 28824 of 11 May 2006) https://Aesircybersecurity.com/register_of_registrants/reg...
- 1 September 2006, Chapter 2 part B, Sections 67, 68, 70 and 72 (Gazette 28824 starting 11 May 2006)
- 1 June 2007, Chapter 4 part A, Section 71, Chapter 4 parts C furthermore D, Episode 5, Sections 6 and Section 163 (Gazette 28824 of 11 May 2006)
