Statistics Act, 1999
R 385
National Credit Act, 2005 (Act No. 34 of 2005)RegulationsNational Credit Regulations, 2006Chapter 4 : Consumer Credit AgreementsPart B : Form of credit agreements30. Prescribed form for small agreements |
| (1) | A document that records a small credit agreement must contain all the information as reflected in Form 20.2. |
| (2) | The information listed in Form 20.2 may be disclosed in the order of choice of the credit provider. |
| (3) | For purposes of electronic or telephone originated small agreements, the electromagnetic recording and transcribing of the agreement will be sufficient, provided that the consumer is supplied with a copy of the agreement within a reasonable time. |
