National Credit Act, 2005 (Act No. 34 of 2005)Chapter 3 : Consumer Credit Industry RegulationPart B : Compliance procedures and cancellation of registration56. Objection to notices |
| (1) | Any person issued with a notice in terms of section 54 or 55 may apply to the Tribunal in the prescribed manner and form to review the notice within— |
| (a) | 15 business days after receiving that notice; or |
| (b) | such longer period as may be allowed by the Tribunal on good cause shown. |
| (2) | After considering any representations by the applicant and any other relevant information, the Tribunal may confirm, modify or cancel all or part of a notice. |
| (3) | If the Tribunal confirms or modifies all or part of a notice, the applicant must comply with that notice as confirmed or modified, within the time period specified in it. |