On 13 November 2015 the Department of Trade and Industry released a notice as invitation for public comment on the draft Credit Life Insurance regulations.
The draft regulations aim to propose maximum limits which credit providers may charge for fees, commission or expenses relating to credit life insurance.
Interested parties may submit their written comments on the draft regulations before 30 November 2015 to:
Director-General, Department of Trade and Industry
Private Bag X84
Pretoria
0001
Click here to read the Notice