National Credit Act, 2005 (Act No. 34 of 2005)National Credit Regulations, 2006Chapter 7 : Record Keeping and RegistersPart B : Registers59. Register of Agents |
| (1) | The register maintained by a credit provider as required in section 163(2)(b) of the Act must reflect the following records as set out in Form 37: |
| (a) | the name and address of the agent; |
| (b) | the identity number of the agent, alternatively CIPRO or other official registration number; |
| (c) | the date of appointment of the agent; and |
| (d) | a description of the activities which the agent is authorised to conduct. |
| (2) | The register must be maintained in written or electronic format, provided that the format is accessible for inspection by the National Credit Regulator. |
| (3) | If an agent’s appointment has been terminated, the credit provider must |
| (a) | retain the records relating to that agent for a period of not less that 12 months from the date of termination of appointment; |
| (b) | ensure that the reason for termination is stated on the record. |