|Be prepared for the far reaching amendments to the National Credit Act|
About this webinar
The annual National Credit Act webinar will provide a general overview of the Act and relevant regulations. A number of the important recent decisions by the courts and National Consumer Tribunal will also be discussed.
Topics to be covered will include:
- General overview of and basic concepts in the NCA.
- Brief overview of the National Credit Amendment Act 7 of 2019
- Important decided and pending cases relating to the applicability of the Act, registration of credit providers, reckless credit, jurisdiction of the courts, debt review and costs (including legal costs) of credit.
- Specific compliance issues raised by the National Credit Regulator and other role players.
- Questions received from the delegates..
Questions received from delegates
The presenter will deal with specific questions received from practitioners prior to the webinar. Please submit your questions to Seminars @LSSALEAD.org.za.
Benefits of attending
The webinar will bring attendees up to date with the latest developments regarding legislation, regulation and case law. This will enable legal practitioners, debt counsellors, credit providers and consumers to make strategic decisions when dealing with matters within the ambit of the Act.
Background to this presentation
It is generally accepted that the numerous political, economic and social challenges that South Africans face, will translate into increased reliance on credit with the resulting increase in defaults, debt collections and debt relief measures.
Franciscus (Frans) Haupt practiced as an attorney in private practice from 1981 until January 2000 when he became director of the University of the Pretoria Law Clinic.
He has, in various capacities, over the years been involved in matters pertaining to consumer credit in general and the National Credit Act specifically. He lead the enquiries into “The Statutory Debt Counselling Process” for the National Credit Regulator in 2009, 2010 and 2012 and was co-author of Government’s Consumer Credit Policy Document, adopted by cabinet in 2014 which lead to important amendments to the National Credit Act In 2015.
He has acted as a consultant / trainer on NCA matters for, amongst others, the Department of Trade and Industry, the National Credit Regulator, a number of commercial banks and for law firms. After retiring in December 2018 he became involved as a lecturer at the Schools for Practical Training of LSSALEAD and as Convenor of the panel of drafters of the competency based admission examination paper in High Court Practice.
He has presented the annual National Credit Act seminar/webinar since 2006.
Who should register?
Legal practitioners, candidate legal practitioners, support staff, legal advisors, debt counsellors, credit providers and others interested .