National Credit Act 34 of 2005 & Regulations

 

Further Legislative Developments

  • National Credit Act 34 of 2005: Amended by the Financial Sector Regulation Act 9 of 2017 with effect from 1 October 2018 (GG 41060 of 22 August 2017)

  • Guideline 003/2017 for the submission of credit information in terms of reg. 19 (13) published (GenN 873 in GG 41224 of 3 November 2017) (p158)

  • Fee Guideline and Schedules 003/2018 pursuant to Guideline 003/2017 for the submission of credit information in terms of reg. 19 (13) published (GenN 327 in GG 41685 of 8 June 2018) (p93)

Proposed Future Developments

  • National Credit Amendment Bill, 2018 [B30-2018]
  • Proposed Guideline 002/2018 for Ascertaining Consumers' Gross Incomes and Discretionary Incomes for the purposes of reg. 23A of the National Credit Regulations including the Affordability Assessment Regulations published for comment (GenN 224 in GG 41604 of 4 May 2018) (p24)

 

Contact: myjutapockets@juta.co.za