Transcription of Government Notice - ncr.org.za
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Government Notice - ncr.org.za
Government Notice Department of Trade and Industry No. R. Date: Regulations made in terms of the National Credit Act, 2005 (Act No 34 of 2005) By virtue of the power vested in me by section 171 of the National Credit Act, 2005, I, Mandisi Mpahlwa, Minister of Trade and Industry, hereby make the regulations as set out below. Mandisi Mpahlwa, MP Minister of Trade and IndustryNATIONAL CREDIT REGULATIONS, 2006 Index to Regulations CHAPTER 1 INTERPRETATION AND APPLICATION OF ACT 1. Definitions 2. Application of Act 3. Extension of prescribed time periods. CHAPTER 2 REGISTRATION REQUIREMENTS, CRITERIA AND PROCEDURES Part A Registration requirements for all registrants 4. Application for registration 5. Disqualification of natural persons from registration 6. Conditions of registration 7. Review of conditions of registration 8. Certificate of registration Part B Cancellation of registration 9. Voluntary cancellation of registration Part C Debt Counsellor 10. Further criteria for registration as a debt counsellor 11.
Part D Compliance procedures 12. Appointment of inspectors and investigators 13. Notice to unregistered persons who are conducting registered activities
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