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

Chapter 2 : Consumer Credit Institutions

Part A : National Credit Regulator

24. Conflicting interests


The Chief Executive Officer, and each other employee of the National Credit Regulator, must not—

(a) engage in any activity that may undermine the integrity of the National Credit Regulator;
(b) participate in any investigation, hearing, or decision concerning a matter in respect of which that person has a direct financial interest or any similar personal interest;
(c) make private use of, or profit from, any confidential information obtained as a result of performing that person’s official functions in the National Credit Regulator; or
(d) divulge any information referred to in paragraph (c) to any third party, except as required as part of that person’s official functions within the National Credit Regulator.