Rates and Monetary Amounts and Amendment of Revenue Laws Act 19 of 2021 (English / Afrikaans)
Rates and Monetary Amounts and Amendment of Revenue Laws Act 19 of 2021 (English / Afrikaans)
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To amend the National Credit Act, 2005, so as to provide for debt intervention; to insert new definitions; to include the evaluation and referral of debt intervention applications as a function of the National Credit Regulator and to provide for the creation of capacity within the National Credit Regulator and logistical arrange-ments to execute this function; to include the consideration of a referral as a function of the Tribunal; to provide for the recordal of information related to debt intervention; to require a debt counsellor to investigate whether an agreement is reckless; to provide for a court to enquire into and either refer a matter for debt intervention or make an order related to debt intervention; →
