Public Service Commission Act, 1997
R 385
National Credit Act, 2005 (Act No. 34 of 2005)Chapter 5 : Consumer Credit AgreementsPart B : Disclosure, form and effect of credit agreements94. Liability for lost or stolen cards or other identification devices |
| (1) | If a credit facility provides for access to that facility by use of a card, personal identification code or number or similar identification device, the document that records that credit agreement must set out a contact telephone number at which the consumer may report the loss or theft of that card, personal identification code or number or other device. |
| (2) | A credit provider must not impose a liability on a consumer for any use of a credit facility after the time that the consumer has reported the loss or theft of the associated card, personal identification code or number or similar device, unless— |
| (a) | the consumer’s signature appears on the voucher, sales slip, or similar record evidencing that particular use of the credit facility; or |
| (b) | the credit provider has other evidence sufficient to establish that the consumer authorised or was responsible for that particular use of the credit facility. |
