The annual National Credit Act 34 of 2005 (NCA) webinar will once again provide an overview of the Act and its associated regulations. This year’s session will include an analysis of a number of significant recent rulings by the courts and the National Consumer Tribunal.

• General Overview: Revisiting the fundamental concepts of the NCA.
• Important Cases: Examination of decided and pending cases concerning the Act’s applicability, registration of credit providers, reckless credit, court jurisdiction, debt review, and the costs of credit, including legal costs.
• New Requirements: Discussion of new mandatory requirements for all credit providers.
• Compliance Issues: Addressing specific compliance concerns raised by the National Credit Regulator and other stakeholders.
• Practitioners’ Queries: Review of questions submitted by legal practitioners over the past year.

As in previous years, the presenter will address specific questions submitted by practitioners both before and during the webinar. Please submit your questions to Seminars@LSSALEAD.org.za.

Benefits of attending

This webinar is designed to update participants on the latest developments in legislation, regulation, and case law under the NCA. Legal practitioners, debt counsellors, credit providers, and consumers will gain valuable insights to make informed strategic decisions regarding matters governed by the Act.

Background to this presentation

It is widely recognised that the political, economic, and social challenges confronting South Africa are likely to result in a heightened dependence on credit. This increased reliance is anticipated to lead to a corresponding rise in defaults, debt recovery actions, and the invocation of debt relief measures.

Presenter

Franciscus (Frans) Haupt, practiced as an attorney in private practice from 1981 until January 2000, when he assumed the role of Director at the University of Pretoria Law Clinic.

Over the years, he has been deeply involved in matters related to consumer credit, particularly the NCA. Among his numerous contributions, he led the inquiries into ‘The Statutory Debt Counselling Process’ for the National Credit Regulator in 2009, 2010, and 2012, and co-authored the Government’s Consumer Credit Policy Document, which was adopted by Cabinet in 2014 and led to key amendments to the NCA in 2015.

Frans has served as a consultant/ trainer on NCA matters for various entities, including the Department of Trade and Industry, the National Credit Regulator, several commercial banks, and law firms. After retiring in December 2018, he continued to contribute as a lecturer at the Schools for Practical Training of Law Society of South Africa training division Legal Education and Development and as Convenor of the panel responsible for drafting the admission examination paper in High Court Practice. He has been presenting the annual National Credit Act seminar/webinar since 2006.

21 and 22 November 2024 | 10:00 – 12:30

Closing date for registrations: 20 November 2024

Certification
All sessions are mandatory to qualify for a certificate.

Practicing and candidate legal practitioners, support staff and legal advisors.

• Practising Legal Practitioners:     R1 430.00 (including VAT) per participant
• Candidate Legal Practitioners:    R 720.00 (including VAT) per participant
• Others | Non-legal Practitioners: R2 280.00 (including VAT) per participant

Kindly note that you can only register online and that there are limited places available. Participants should be registered individually to enable the system to generate a unique username and password for each person.

CLICK HERE TO REGISTER 

E-mail: Seminars@LSSALEAD.org.za  | Please note we only communicate via e-mail should you need more information.

• The Law Society of South Africa (LSSA) will not accept liability if the fees are not paid into the designated LSSA bank account.
• The webinar is conducted in English only.
• Should you need to cancel your registration, this must be done in writing within two business days before the closing date to avoid the full fee being charged.

LEAD is one of the largest providers of legal professional education in South Africa and has been accredited as a legal education provider by the Legal Practice Council. LEAD provides access to quality learning that is relevant, accessible and affordable. LEAD offers an extensive range of learning activities and training options.