National Credit Act, 2005 (Act No. 34 of 2005)Chapter 2 : Consumer Credit InstitutionsPart A : National Credit Regulator14. Registration functions of National Credit Regulator |
The National Credit Regulator is responsible to regulate the consumer credit industry by—
(a) | registering credit providers, credit bureaux and debt counsellors; |
(b) | suspending or cancelling any registration issued in terms of this Act, subject to section 57(2); and |
(c) | establishing and maintaining the registries contemplated in sections 53 and 69(1) and by making information from those registries available to— |
(i) | each provincial credit regulator; and |
(ii) | other persons in the prescribed manner and form, subject to Part B of Chapter 4. |