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

Regulations

National Credit Regulations, 2006

Chapter 4 : Consumer Credit Agreements

Part B : Form of credit agreements

37. Consumer's right to rescind a credit agreement

 

A notice by the consumer to the credit provider to terminate a credit agreement in terms of section 121(2) of the Act must be given in writing and delivered by hand, fax, e-mail or registered mail to an address specified in the agreement, alternatively the credit provider’s registered address.