Legal Opinions & Compliance

NCR Reacts to Payslip/Banks Statement Case with Proposed Guidelines

In March 2018, the Western Cape High Court, granted an application sort by retailers Truworths, Foschini and Mr Price reviewing and setting aside Regulation 23A (4) of the affordability assessment regulations. The affordability assessment regulations were introduced in 2015 in an attempt to try improve the weaknesses in the reckless credit granting provisions of Sections […]

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Signing twice on the dotted line (Caveat subscriptor, quasi-mutual assent and credit applications incorporating suretyships)

A copy of Brett Bentley’s article appearing in the October 2005 SA Attorneys Journal De Rebus: Brink v Humphries & Jewell (Pty) Ltd 2005 (2) SA 419 (SCA)The caveat subscriptor doctrine has come under increasing pressure in recent years in favour of purportedly public policy criteria. This doctrine can be traced back in our law

Signing twice on the dotted line (Caveat subscriptor, quasi-mutual assent and credit applications incorporating suretyships) Read More »