Purpose of the Act To establish a Financial Intelligence Centre and a Money Laundering Advisory Council to combat money laundering activities and the financing of terrorism and related activities; to impose certain duties on institutions and other persons who might be used for money laundering purposes and the financing of terrorism and related activities; to amend the Prevention of Organised Crime...
O. Acts Relating to Property
The National Credit Act (NCA) was signed into law on 15 March 2005 and governs the assessment, application, and maintenance of credit granted by a credit provider to a consumer within the Republic of South Africa. The NCA must be read in conjunction with the Regulations passed in terms of the Act. The NCA has updated areas of the law that were contained in the Credit Agreements Act, the Usury Act, and...
In the past, people have not always been protected against the suppliers of goods or services. Suppliers misled consumers about the quality of their goods or services or offered goods or services on unreasonable terms and conditions, leaving the consumer with no remedy in the event of a problem occurring with these goods or services. From 1 April 2011, the Consumer Protection Act (“CPA”) provides...