n Annual Survey of South African Law - Criminal law
|Article Title||Criminal law|
|© Publisher:||Juta Law Publishing|
|Journal||Annual Survey of South African Law|
|Publication Date||Jan 2007|
|Pages||269 - 306|
Though assented to on 8 December 2000, the commencement date of this Act was 2 July 2007. The purpose of the Act is to promote fair lending practices, which require disclosure by financial institutions of information regarding the provision of home loans. Contravention of or failure to comply with any provision of this Act is an offence (s 15). The Minister of Housing may exempt a financial institution or category of institutions from the disclosure requirements in terms of the Act for a period not exceeding one year (s 14).
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