Consumer Protection Act, 2008 (Act No. 68 of 2008)Chapter 2 : Fundamental Consumer RightsPart D : Right to disclosure and information27. Disclosure by intermediaries |
| 1) | An intermediary must— |
| a) | disclose prescribed information to— |
| i) | any person whom the intermediary solicits or agrees to represent with respect to the sale of any property or services, or from whom the intermediary accepts any property for the purpose of offering it for sale; |
and
| ii) | any person from whom the intermediary solicits an offer, or to whom the intermediary offers to supply or supplies— |
| aa) | any service to be performed by a third person; or |
| bb) | any goods or property belonging to a third person; and |
| b) | keep the prescribed records of all relationships and transactions contemplated in this section. |
| 2) | Subsection (1) does not apply to an intermediary who is— |
| a) | the executor or other administrator of a deceased’s estate, in respect of any property of that estate; |
| b) | the liquidator of an insolvent estate, in respect of any property of that estate; or |
| c) | a trustee in respect of any trust property. |
| 3) | The Minister may prescribe— |
| a) | the information, including the manner and form of delivery of any such information, that an intermediary, or different categories of intermediary, must provide in terms of this section; and |
| b) | any records, including the form and content of any such records, that an intermediary, or different categories of intermediary, must keep in terms of this section. |