| (1) |
An application for registration as a debt collector, as contemplated in section 9(1) of the Act, shall correspond substantially with— |
| (a) |
Form 1A of Annexure A in the case of an officer in the employ of a juristic person, a director of a company or a member of a close corporation; |
| (b) |
Form 1B of Annexure A in the case of a juristic person, company or close corporation; and |
| (c) |
Form 1C of Annexure A in the case of a person other than an officer in the employ of a juristic person, a director of a company or a member of a close corporation. |
[Regulation 2(1) substituted by section 2 of Notice No.R741 of 2005]
| (a) |
An application lodged in terms of subregulation (1) shall be accompanied by an application fee, or proof of payment thereof— |
| (i) |
in the case of a juristic person, company or close corporation carrying on business as a debt collector, in the amount of— |
| (aa) |
R1 500 in respect of a juristic person, company or close corporation; |
| (bb) |
R600 in respect of each director or member of the juristic person, company or close corporation; and |
| (cc) |
R400 in respect of every officer of the juristic person, company or close corporation who is involved in debt collecting; or |
[Regulation 2(2)(a)(i) substituted by section 2 of Notice R741 of 2005]
| (ii) |
in the case of a natural person, in the amount of R400. |
| (b) |
The fees referred to in paragraph (a) may be paid to the Council by means of a bank cheque, or may directly be paid into the bank account of the Council. |
| (c) |
An application fee shall not be refundable even if the application concerned is not granted. |
[Regulation 2(2) substituted by section 2 of Notice R1623 of 2003]
| (3) |
The Council shall notify the applicant if his or her application is not granted and furnish reasons for such decision. |
Compliance Legislation Pack
