n Without Prejudice - The hidden teeth of the National Credit Act : financial law
|Article Title||The hidden teeth of the National Credit Act : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Dec 2013|
|Pages||8 - 9|
It is a common misconception that loans between family members will not attract the application of the National Credit Act (34 of 2005) (the NCA). However, this is not always the case. The reach of the NCA could be far wider than was originally anticipated or intended by the Legislature.
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