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

Abstract

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.

Suggested Citation

van Heerden, Corlia and Boraine, Andre, The Conundrum of the Non-Compulsory Compulsory Notice in Terms of Section129(1)(A) of the National Credit Act (February 19, 2018). (2011) 23 SA Merc LJ 45–63., Available at SSRN: https://ssrn.com/abstract=3126202

Corlia Van Heerden

Independent

Andre Boraine (Contact Author)

University of Pretoria ( email )

Physical Address Economic and Management Sciences
Pretoria, Gauteng 0002
South Africa

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