AOD's & NCA 5
13 May 2019, Sonja Oelofse
The
relationship between settlement agreements and the National Credit Act (NCA) - Where
the underlying reason for a settlement agreement... is not governed by the NCA,
the agreement itself will not constitute a credit agreement as envisaged by the
Act. Examples of underlying causes of action not governed by the Act include incidental
credit agreements, delicts, lease of immovable property and movable property rental
agreements.