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	<title>Bentley Credit Management</title>
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	<link>http://www.creditmanagement.co.za</link>
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		<title>Credit Management and Law Seminar &#8211;  Cape Town &#8211; 21st October 2011</title>
		<link>http://www.creditmanagement.co.za/credit-management-and-law-seminar-cape-town-21st-october-2011/</link>
		<comments>http://www.creditmanagement.co.za/credit-management-and-law-seminar-cape-town-21st-october-2011/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 10:33:56 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Consumer Protection Act]]></category>
		<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Credit Management]]></category>
		<category><![CDATA[Credit Seminars]]></category>
		<category><![CDATA[Headline]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=757</guid>
		<description><![CDATA[ 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.
&#160;
This is a half day seminar in Cape Town on the 21st October 2011 aimed at commercial creditors (businesses who supply ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New NCR CEO Appointment in Progress</title>
		<link>http://www.creditmanagement.co.za/new-ncr-ceo-appointment-in-progress/</link>
		<comments>http://www.creditmanagement.co.za/new-ncr-ceo-appointment-in-progress/#comments</comments>
		<pubDate>Tue, 05 Jul 2011 07:52:15 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Risk]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[national credit regulator]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=752</guid>
		<description><![CDATA[It has been almost a year since former NCR CEO Gabriel Davel announced his resignation and over 7 months since that resignation became effective and  Business Day&#8216;s Micahel Bleby now reports:
&#8220;THE National Credit Regulator may soon have a new CEO, bringing an end to months of leadership under an acting head, the Department of Trade and Industry said last week.
&#8220;The process of appointing the CEO is at an advanced stage,&#8221; department spokesman Clement Manoko said last week.
&#8220;Interviews were conducted and verification of qualifications and security clearance process completed recently.
&#8220;We will recommend appointment ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Companies Act Implementation and Regulations</title>
		<link>http://www.creditmanagement.co.za/new-companies-act-implementation-and-regulations/</link>
		<comments>http://www.creditmanagement.co.za/new-companies-act-implementation-and-regulations/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 07:52:26 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Legal News]]></category>
		<category><![CDATA[New Company Act;Company regulations]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=747</guid>
		<description><![CDATA[The new Companies Act that was to have come into effect on the 1st September 2010 and then was delayed until the 1st April 2011, now appears to be on track for the 1st May 2011, according to the Department of Trade and Industry with the President having signed the amended Act and proclamation.
The new company regulations and forms are now also available on the CIPRO website.
]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/new-companies-act-implementation-and-regulations/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ombud says most credit disputes resolved</title>
		<link>http://www.creditmanagement.co.za/ombud-says-most-credit-disputes-resolved/</link>
		<comments>http://www.creditmanagement.co.za/ombud-says-most-credit-disputes-resolved/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 10:49:06 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Credit Ombuds]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=743</guid>
		<description><![CDATA[Fin24 reports that:
&#8220;Significant strides have been made in resolving complaints from consumers and businesses negatively affected by credit bureau information and disputes with credit providers, the credit ombudsman said on Wednesday.
Credit Ombudsman Manie van Schalkwyk said 3 550 out of 3 870 disputes were settled in 2010.
&#8220;The credit ombud ruled in favour of consumers in 69% of cases and 86% of all cases were resolved within 60 days, compared to 79.48% the previous year,&#8221; Van Schalkwyk said.
&#8220;We managed to put R700 000 back in the pockets of consumers.&#8221;
Van Schalkwyk said ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Amendments to Administration Orders on Route</title>
		<link>http://www.creditmanagement.co.za/amendments-to-administration-orders-on-route/</link>
		<comments>http://www.creditmanagement.co.za/amendments-to-administration-orders-on-route/#comments</comments>
		<pubDate>Tue, 12 Apr 2011 08:00:32 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal News]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=738</guid>
		<description><![CDATA[While the Department of  Trade and Industry seems to charge into legislation like a bull in a china shop (see previous articles on the National Credit Act, the Consumer Protection Act and the new Companies Act), the department of Justice seems to be adopting a more measured and consultative approach.
In March 2008 we pointed out that South African Law had proposed abolition of administration orders under Section 74 of the Magistrates Court Act, in light of the introduction of debt counselling  in terms of the National Credit Act. An administration ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Consumer Protection Act Regulations Published and Threshold Changed to R 2 million</title>
		<link>http://www.creditmanagement.co.za/consumer-protection-act-threshold-changed-to-r-2-million/</link>
		<comments>http://www.creditmanagement.co.za/consumer-protection-act-threshold-changed-to-r-2-million/#comments</comments>
		<pubDate>Wed, 06 Apr 2011 12:13:59 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Consumer Protection Act]]></category>
		<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Featured]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=730</guid>
		<description><![CDATA[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 &#8220;juristic persons&#8221;  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.
]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Companies Act Delayed Again</title>
		<link>http://www.creditmanagement.co.za/new-companies-act-appears-to-have-been-delayed-again/</link>
		<comments>http://www.creditmanagement.co.za/new-companies-act-appears-to-have-been-delayed-again/#comments</comments>
		<pubDate>Thu, 31 Mar 2011 14:01:58 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal News]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=720</guid>
		<description><![CDATA[The confusion and uncertainty that seems to surround most Department of Trade legislation these days continues. The new Companies Act that was so much of a dog&#8217;s breakfast in it&#8217;s original form that it required an amendment before implementation appears to have been delayed again. This because the amendment Bill to try correct all the grammatical and reference errors has not be signed by the President, who is currently out of the country.
The Amended Companies Act was meant to have come into operation at the end of September last year was delayed ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/new-companies-act-appears-to-have-been-delayed-again/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>NCR Declarator Appeal Decision Given by Highest Court</title>
		<link>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/</link>
		<comments>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 13:36:23 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[in duplum]]></category>
		<category><![CDATA[NCR declaratory order]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=716</guid>
		<description><![CDATA[The much anticipated Supreme Court of Appeal  (SCA)judgment on the appeal from the so-called NCR Declaratory judgment has been delivered, in a judgment referred to as Nedbank v The National Credit Regulator (662/2009 &#38; 500/2010) [2011] ZASCA 35 (28 March 2011).
In the original case the National Credit Regulator sort a declaratory order on various vague and contentious provisions of the National Credit Act, specifically regarding debt reviews but also relating to the charging of interest while a consumer is in default with the payment of a credit agreement.
Judge Du Plessis, ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Are Your Standard Terms and Conditions Ready for the Consumer Protection Act?</title>
		<link>http://www.creditmanagement.co.za/are-your-standard-terms-and-conditions-ready-for-the-consumer-protection-act/</link>
		<comments>http://www.creditmanagement.co.za/are-your-standard-terms-and-conditions-ready-for-the-consumer-protection-act/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 08:01:15 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Consumer Protection Act]]></category>
		<category><![CDATA[Featured]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=712</guid>
		<description><![CDATA[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 ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/are-your-standard-terms-and-conditions-ready-for-the-consumer-protection-act/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Consumer debt may delay recovery</title>
		<link>http://www.creditmanagement.co.za/consumer-debt-may-delay-recovery/</link>
		<comments>http://www.creditmanagement.co.za/consumer-debt-may-delay-recovery/#comments</comments>
		<pubDate>Tue, 29 Mar 2011 07:26:13 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[banks credit]]></category>
		<category><![CDATA[consumer credit]]></category>
		<category><![CDATA[Debt Collections]]></category>
		<category><![CDATA[debt counselling]]></category>
		<category><![CDATA[national debt act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=707</guid>
		<description><![CDATA[On Business Report:
&#8220;Fitch Ratings says it expects that elevated levels of consumer indebtedness may prolong the recovery of the asset quality of SA&#8217;s major banks.
The ratings agency said on Friday that high consumer indebtedness and the difficult operating environment had led to an increase in the number of consumers applying for debt review in terms of the National Credit Act&#8217;s debt review process.
Fitch estimates the value of debt review exposures of the four major banks at 21 billion rand during 2010, which accounted for between 14% and 18% of the ...]]></description>
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		<slash:comments>0</slash:comments>
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