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

National Credit Regulations, 2006

Chapter 2 : Registration Requirements, Criteria and Procedures

Part D : Compliance procedures

13. Notice to unregistered persons who are conducting registered activities

 

A notice in terms of section 54(1) of the Act must be in Form 12 and contain the following information in addition to the requirements set out in section 54(3):

(a) the provisions contained in the Act which require that the person or association be registered to engage in that activity;
(b) the date of the notice;
(c) the section of the Act in terms of which the notice has been issued, together with a description of the section; and
(d) a statement of the right to object to the notice in terms of section 56 of the Act.