National Credit Act, 2005 (Act No. 34 of 2005)Chapter 7 : Dispute Settlement other than debt enforcementPart A : Alternative dispute resolution135. Dispute resolution may result in consent order |
(1) | The ombud with jurisdiction, consumer court or alternative dispute resolution agent that has resolved, or assisted parties in resolving, a dispute in terms of this Part may— |
(a) | record the resolution of that dispute in the form of an order, and |
(b) | if the parties to the dispute consent to that order, submit it to— |
(i) | a court to be made a consent order, in terms of its rules; or |
(ii) | the Tribunal to be made a consent order in terms of section 138. |
(2) | The National Credit Regulator may not intervene before the Tribunal in respect of a consent order submitted in terms of this section. |