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

Chapter 5 : Consumer Credit Agreements

Part A : Unlawful agreements and provisions

91. Prohibition of unlawful provisions in credit agreements and supplementary agreements
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(1)A credit provider must not directly or indirectly, by false pretences or with the intent to defraud, offer, require or induce a consumer to enter into or sign a credit agreement that contains an unlawful provision as contemplated in section 90.

 

(2)A credit provider must not directly or indirectly require or induce a consumer to enter into a supplementary agreement or sign any document, that contains a provision that would be unlawful if it were included in a credit agreement.

 

[Section 91 substituted by section 28 of Act No. 19 of 2014}