MINISTER DAVIES TO ADDRESS MEDIA ON THE NATIONAL CREDIT AMENDMENT BILL
2013
By BRIAN KAJENGO
The Minister of
Trade and Industry, Dr Rob Davies, will brief the media on the National Credit
Amendment Bill 2013 after extensive public consultation and the Portfolio
Committee on Trade and Industry has approved the Bill.
This will take
place on Tuesday 25 February 2014 at 25 February 2014 Imbizo Media Centre,
Parliament Cape Town.
The Bill provides
amongst others the followings: Removal of adverse credit information, affordability
assessment regulations, Registration of any person who offers credit (Credit
providers), Non termination of credit agreement when the dispute is in court,
debt counselling, or mediation. Issuance of rehabilitation certificate by the
debt counsellor, and industry Code prescribed by the Minister
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