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Articles in the Consumer Protection Act Category

Consumer Protection Act, Credit Law, Credit Management, Credit Seminars, National Credit Act »

[3 Oct 2011 | No Comment | ]
Credit Management and Law Seminar –  Cape Town – 21st October 2011

 With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and
all companies’ credit management policies need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor
economy. In addition credit management is also being impacted by the new legislation such as the National Credit Act, the Consumer Protection Act
and the new Companies Act.
 
This is a half day seminar in Cape Town on the 21st October 2011 aimed at commercial creditors (businesses who supply …

Consumer Protection Act, Credit Law, Featured »

[6 Apr 2011 | No Comment | ]
Consumer Protection Act Regulations Published and Threshold Changed to R 2 million

On Friday, the 1st April 2011 we pointed out that the Consumer Protection Act had become law without the necessary regulations which was going to make it very difficult to know the full impact and operation of the Act.
It now appears on the same day the Minister of Trade and Industry published a notice changing the threshold  for “juristic persons”  who enjoy CPA protection from the R 3 million, that he had indicated in October 2010 would be the threshold, to R 2 million.
The Regulations are now also available for download.

Consumer Protection Act, Featured »

[30 Mar 2011 | No Comment | ]
Are Your Standard Terms and Conditions Ready for the Consumer Protection Act?

The 1st April 2011 will see the implementation of the Consumer Protection Act which will, amongst other things, change the rights of consumers in contracts of sale.
For businesses this means the revising of standard terms and conditions of trade to ensure that they comply with the Act. The extent of the Act means it is not only those businesses that trade with private individuals who will be impacted but also those businesses trading with small businesses, since most of the provisions and protection of the Act have been extended to …

Consumer Protection Act, Credit Law, Featured »

[18 Jan 2011 | One Comment | ]
Business Names and the Consumer Protection Act

An article that originally appeared on the  Bentley Credit Control website:
In a previous article we pointed creditors to the potential problems with not knowing who you are doing business with.
Let’s say a debtor advises you that their business is Bob’s Suppliers.
It could be:

Bob’s Suppliers C.C. (a close corporation)
Bob’s Suppliers (Pty) Ltd (a private company)
Bob’s Suppliers Ltd (a public company)
Bob Naidoo trading as Bob’s Suppliers (a sole proprietor)
Bob Naidoo and Dan Jones trading as Bob’s Suppliers (partnership)
Bob Naidoo Investment Trust trading as Bob’s Suppliers (a trading trust

If this wasn’t bad enough, …

Consumer Protection Act, Credit News »

[29 Sep 2010 | No Comment | ]
Companies Act delayed too

We yesterday reported on the fact that the Consumer Protection Act  had been delayed until 31 March 2011.  The government now reports that the new Companies Act will be delayed as well, to the 1st April 2011.
“The delay will enable the department to finalise all processes required to effectively administer these two pieces of legislation, as well as give business and the public enough time to prepare themselves for compliance with the new laws.
According to the Department of Trade and Industry, the two pieces of legislation have significant impact on …

Consumer Protection Act »

[28 Sep 2010 | One Comment | ]
Consumer Protection Act Delayed

On 23 September 2010 the Minister of Trade and Industry deferred the general effective date of the Consumer Protection Act 68 of 2008 (“CPA” or “the Act”) from 24 October 2010 until 31 March 2011.
The Minister is entitled to do so in terms of item 2(3)(a) of schedule 2 to the Act on the ground that additional time is required for adequate preparation of the administrative systems necessary to ensure the efficient and effective implementation of the Act. The most patent problem is that the regulations which determine “the nuts …

Consumer Protection Act, Credit Law »

[4 May 2009 | No Comment | ]

The Consumer Protection Bill has become the Consumer Protection Act. The Department of Trade and Industry has released a press statement:
“President Kgalema Motlanthe has signed into law the Consumer Protection Bill. The primary purpose of the new Act is to prevent exploitation or harm on consumers and to promote the social well being of consumers. The Act seeks to create and promote an economic environment that supports and strengthens a culture of consumer rights and responsibilities, whilst through the measures adopted therein; it seeks to promote fair, efficient and transparent …