Draft Regulations for Debt Counselling Published
29 January 2010
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The Department of Trade and Industry has published a draft set of regulations to govern aspects of the debt re-arrangement application to court by both debt counsellors and debtors themselves, as well as applications to court for an order declaring credit agreements reckless agreement in terms of Section 86(7)(c).
A copy of the draft regulations is downloadable at polity.org.za , amongst other and submissions on the draft have to reach the DTI on or before the 25th February 2010.
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