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

Regulations

Purchase

The National Credit Regulator must—

(1)	perform a review of interest rates and cost factors at intervals of no more than 3 years and advise the Minister of any changes that may be required;

(2)	when making a recommendation to the Minister in terms of this regulation, consider

(a)	ruling interest rates and fees;

(b)	cost of providing such credit;

(c)	the choice available to consumers in the particular category of credit agreements, between different products and different credit providers; and

(d)	the impact upon access to finance for persons referred to in section 13(a) of the Act.