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


National Credit Regulations, 2006

Chapter 4 : Consumer Credit Agreements

Part B : Form of credit agreements

34. Disclosure of location of goods


(1) In respect of a credit agreement to which section 97 of the Act applies, the consumer must disclose any changes concerning the matters listed in section 97(2) in writing to the credit provider within 10 business days after the change and deliver it to the credit provider;


(2) When disclosing such a change, the consumer must complete Form 24 or provide the following information to the credit provider:
(a) name of the consumer;
(b) a reference number or account number provided by the credit provider;
(c) the date upon which the change was effective; and
(d) the date of the disclosure.


(3) On request by the credit provider, messenger of the court or the deputy sheriff, as contemplated in section 97(3), the consumer -
(a) must provide the information in writing by completing Form 25; or
(b) may otherwise provide the information orally.