The conundrum of the non-compulsory compulsory notice in terms of Section 129(1)(a) of the National Credit Act
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Date
Authors
Van Heerden, C.M. (Corlia)
Boraine, A. (Andre), 1957-
Journal Title
Journal ISSN
Volume Title
Publisher
Juta Law
Abstract
Section 129(1)(a) of the National Credit Act1 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.
Description
Keywords
Credit agreements
Sustainable Development Goals
Citation
Van Heerden, C & Boraine, A 2011, 'The conundrum of the non-compulsory compulsory notice in terms of Section 129(1)(a) of the National Credit Act', SA Mercantile Law Journal / SA Tydskrif vir Handelsreg, vol. 23, no. 1, pp. 45-63.