Some Thoughts on the Reform of the Administration Orders and Related Issues
[2003 De Jure] P217
35 Pages Posted: 27 Feb 2018
Date Written: February 16, 2018
In terms of Section 74 of the Magistrate's Courts Act 32 of 1944 a debtor who is unable to pay his debts may apply for an administration order, provided that his debts do not exceed an amount of R50 000. Where such an application is granted, the debtor must make regular payments to an administrator. The administrator is obliged to draw up a list of creditors and must pay them from the amounts received from the debtor.
Suggested Citation: Suggested Citation