Financial Sector Regulation Act, 2017
R 385.00
National Credit Act, 2005 (Act No. 34 of 2005)Chapter 3 : Consumer Credit Industry RegulationPart B : Compliance procedures and cancellation of registration59. Review or appeal of decisions |
| (1) | A person affected by a decision of the National Credit Regulator under this Chapter may apply to the Tribunal to review that decision, and the Tribunal may make an order confirming or setting aside the decision in whole or in part. |
| (2) | An order contemplated in subsection (1) may include an order setting aside any condition attached to a registration if the Tribunal is not satisfied that the condition is reasonable and justifiable, having regard to the objects and purposes of this Act, the circumstances of the application or review, as the case may be, and the provisions of section 48. |
| (3) | A decision by the Tribunal in terms of this section is subject to appeal to, or review by, the High Court to the extent permitted by section 148. |
