Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Social Assistance Act, 2004 (Act No. 13 of 2004)RegulationsRegulations in terms of the Social Assistance Act, 2004 (Act No. 13 of 2004)Chapter 11 : Standard Rules and Procedures Applicable at Pay-Points45. Prohibition against conducting money-lending business at pay-points |
| (1) | No person may conduct any business, whether registered or not, within any pay-point for the purposes of soliciting a beneficiary to join any money lending scheme or to borrow money from any such person. |
| (2) | No person in the employ of the Agency or performing any function on behalf of the Agency in connection with the administration, management or payment of grants, may directly or indirectly offer any money-lending services or lend any money to a beneficiary within a pay-point. |
| (3) | No person in the employ of the Agency or performing a function on behalf of the Agency shall in any way, directly or indirectly, knowingly or unknowingly, assist any person to collect any money owing to any such person from a beneficiary. |
| (4) | A person in the employee of the Agency or a person performing a function on behalf of the Agency at a pay-point, must report any act or conduct of any person which act or conduct is in contravention of these regulations in connection with any matter relating to the collection of any monies by any person from a beneficiary. |
