National Credit Amendment Act, 2019 (Act No. 7 of 2019) País/Territorio Sudáfrica Tipo de documento Legislación Fecha 2019 Fuente FAO, FAOLEX Título completoAN ACT To amend the National Credit Act, 2005, so as to provide for debt intervention; to insert new definitions; to include the evaluation and referral of debt intervention applications as a function of the National Credit Regulator and to provide for the creation of capacity within the National Credit Regulator and logistical arrangements to execute this function; to include the consideration of a referral as a function of the Tribunal; to provide for the recordal of information related to debt intervention; to require a debt counsellor to investigate whether an agreement is reckless; to provide for a court to enquire into and either refer a matter for debt intervention or make an order related to debt intervention; to provide for a Magistrate’s Court and the Tribunal to determine the maximum interest, fees or other charges when re-arranging debt and for guidance to be prescribed in this regard; to provide for an application for debt intervention and the evaluation thereof; to provide for the Tribunal to re-arrange a consumer’s obligations and make an order in respect of an unlawful credit agreement; to provide for orders related to debt intervention and rehabilitation in respect of such an order; to provide for mandatory credit life insurance to be prescribed; to provide for offences related to debt intervention, prohibited credit practices, selling or collecting prescribed debt and related to failure to register as required by the Act; to provide for measures when an offence is committed by a person other than a natural person; to provide for penalties in relation to the newly created offences; to provide for the Tribunal to change or rescind an order under certain circumstances; to require the Minister to make regulations related to a financial literacy programme; to provide in a transitional provision for the application of this Amendment Act to credit agreements entered into before its commencement; and to provide for matters connected therewith. Materia Agricultura y desarrollo rural Palabra clave Desarrollo agrícola Negocios/industria/corporaciones Fortalecimiento de la capacidad Corte/tribunal Crédito Medidas fiscales y de mercado Área geográphica Africa, Atlántico Sur, Africa Meridional Resumen This Act extensively amends several sections of the National Credit Act, 2005. Essentially, it provides for debt intervention and includes the evaluation and referral of debt intervention applications as a function of the National Credit Regulator. Among other things, it requires a debt counselor to investigate whether an agreement is reckless; provides for a court to enquire into and either refer a matter for debt intervention or make an order related to debt intervention; and provides for an application for debt intervention and the evaluation thereof. Texto completo Inglés Página web www.gpwonline.co.za Referencias - Legislación Enmienda National Credit Act, No. 34 of 2005 Legislación | Sudáfrica | 2006 Palabra clave: Desarrollo agrícola, Negocios/industria/corporaciones, Crédito, Medidas fiscales y de mercado Fuente: FAO, FAOLEX