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National Credit Act, 2005 (Act No. 34 of 2005)

Chapter 1 : Interpretation, Purpose and Application of Act

Part B : Purpose and Application

6. Limited application of Act when consumer is juristic person

 

The following provisions of this Act do not apply to a credit agreement or proposed credit agreement in terms of which the consumer is a juristic person:

(a) Chapter 4 - Parts C and D;
(b) Chapter 5 - Part A - section 89(2)(b);
(c) Chapter 5 - Part A - section 90(2)(o); and
(d) Chapter 5 - Part C.