National Credit Act, 2005 (Act No. 34 of 2005)

National Credit Regulations, 2006

Purchase

Fees prescribed in terms of section 51

The fees which a payment distribution agent must pay for application, registration and renewal are as follows:

•	A non-refundable application fee of R500.00 payable upon submission of the application form;

•	Initial registration fee of R100 000.00;

•	Branch fee of R250.00 per location or premises; and

•	Registration renewal fee of R100 000.00 payable annually by the date of anniversary of the registration

The fees which alternative dispute resolution agent must pay for application, registration and renewal are as follows:

•	A non-refundable application fee of R500.00 payable upon submission of the application form;

•	Initial registration fee of R20 000.00;

•	Branch fee of R250.00 per location or premises; and

•	Registration renewal fee of R20 000.00 payable annually by the date of anniversary of the registration

These amounts are inclusive of value added tax (VAT).

[Schedule 2 inserted by Notice No. R. 202, GG 38557 dated 13 March 2015]