National Veld and Forest Fire Act, 1998
R 385
administration fee
means an amount payable by the borrower to the moneylender --
| a) | where such amount is in terms of an agreement in writing between the moneylender and the borrower recoverable from the borrower; |
| b) | as valuable consideration for the moneylender's administering the borrower's account; and |
| c) | where the total amount payable per month does not exceed the amount mentioned in paragraph 3(b)(i). |
