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

Regulations

Free Credit Records Regulations, 2006
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Notice No. R.949

21 September 2006

 

Department of Trade and Industry

 

Regulations made in terms of the National Credit Act, 2005 (Act No 34 of 2005)

 

Prescribed Time Frame for Free Credit Records,

and

Determination of Application and Registration Fees

 

(for brevity, we have called these the Free Credit Regulations, 2006 – this is not the gazetted name)

 

By virtue of the power vested in me by section 171 of the National Credit Act, 2005, I, Mandisi Mpahlwa, Minister of Trade and Industry, hereby

 

1)prescribe the time-frame and schedule for consumers to inspect their credit records in terms of section 73(1)(b) of the National Credit Act, 2005 (Act No. 34 of 2005), as per Schedule 1 hereto;

 

2)prescribe the fees in terms of section 51 of the National Credit Act, 2005 (Act No. 34 of 2005), as per Schedule 2 hereto.