National Credit Act, 2005 (Act No. 34 of 2005)

Chapter 8 : Enforcement of Act

Part C : Miscellaneous matters

165. Variation of order

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(1)The Tribunal, acting of its own accord or on application by a person affected by a decision or order, may change or rescind its decision or order—

[Words preceding section 165(1) substituted by section 28 of Notice No. 1081, GG 42649, dated 19 August 2019]

(a)erroneously sought or granted in the absence of a party affected by it;
(b)in which there is ambiguity, or an obvious error or omission, but only to the extent of correcting that ambiguity, error or omission; or
(c)made or granted as a result of a mistake common to all the parties to the proceedings.

 

(2)The Tribunal may change or rescind an order—
(a)if information is placed before the Tribunal showing that a party to the proceedings was dishonest in respect of any fact or argument placed before the Tribunal; or
(b)if the person affected by that order fails to comply with the conditions of the order or fails to comply with this Act.

[Section 165(2) inserted by section 28 of Notice No. 1081, GG 42649, dated 19 August 2019]