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

National Credit Regulations, 2006

Chapter 2 : Registration Requirements, Criteria and Procedures

Part D : Compliance procedures

14. Compliance notice to registrants


A compliance notice issued in terms of section 55 of the Act must be in Form 13 and contain the following information in addition to the information set out in section 55(3):

(a) the section of the Act in terms of which the notice has been issued, together with a description of the section;
(b) the date of the notice;
(c) a statement of the right to object to the notice in terms of section 56 of the Act.