| (1) | Every person registered as a debt collector shall, in terms of section 13(1) of the Act, pay an annual subscription fee to the Council— |
| (a) | in the case of a juristic person, company or close corporation carrying on business as a debt collector, in the amount of— |
| (i) | R1 500 in respect of a juristic person, company or close corporation; |
| (ii) | R600 in respect of each director or member of the juristic person, company or close corporation; and |
| (iii) | R400 in respect of every officer of the juristic person, company or close corporation who is involved in debt collecting; or |
[Regulation 6(1)(a) substituted by section 3 of Notice R741 of 2005]
| (b) | in the case of a natural person, in the amount of R400. |
| (2) | The fees referred to in subregulation (1) may be paid to the Council by means of a bank cheque or may directly be paid into the bank account of the Council. |
| (3) | Proof of payment made shall be submitted to the Council. |
[Regulation 6 substituted by section 5 of Notice R1623 of 2003)
