The Conundrum of the Non-Compulsory Compulsory Notice in Terms of Section129(1)(A) of the National Credit Act
(2011) 23 SA Merc LJ 45–63.
19 Pages Posted: 16 Mar 2018
Date Written: February 19, 2018
Section 129(1)(a) of the National Credit Act plays a pivotal role in the enforcement of credit agreements. Section 129(1)(b), read together with ss 130(1) and 130(3)(a) of the Act, essentially compels a credit provider to deliver a notice in terms of s 129(1)(a) to the consumer prior to enforcement of a credit agreement to which the NCA applies. These provisions are cast in mandatory terms.
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