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Registration of credit providers under the NCA by Zorada Temmingh

Leave a Comment / Commercial Law / By

REGISTRATION AS A CREDIT PROVIDER UNDER THE NATIONAL CREDIT ACT Lending money without being registered as a credit provider may have a dire effect on your rights as a lender. It is therefore important to know whether you are required to register as a credit provider under the National Credit Act (“the Act”) before entering …

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Once-off credit agreements: Is registration as a credit provider under the National Credit Act required? by Johanei Borstlap

Commercial Law, Litigation law / By

Is registration as a credit provider under the National Credit Act 34 of 2005 (“the NCA”) required for a once-off credit agreement? This was the issue in the case of Du Bruyn NO & others v Karsten (929/2017) [2018] ZASCA 143 (28 September 2018). Mr. De Bruyn and Mr. Karsten conducted business together as shareholders in two …

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