http://kenyalaw.org/kl/index.php?id=1921 WebLubbe Die Verbod op die Oploop van Rente ultra duplum – n Konkretisering van die Norm van Bona Fides? (1990) 53 Tydskrif ... Merc LJ 486 at 487; and Vessio op cit at 26-7). Until now debtors could rely only on the common-law in duplum rule to protect them from exploitation by their creditors. However, from 1 June 2007 (see Proc 22 in
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WebAug 9, 2012 · Keywords: ultra duplum rule, default notices, National Credit Act. Suggested Citation: Suggested Citation. Otto, Jannie, The National Credit Act: Default Notices and Debt Review; the Ultra Duplum Rule. Nedbank Ltd V National Credit Regulator 2011 3 Sa 581 (Sca) (February 8, 2012). WebSec. 129(1) (a) notice – whether barring application for debt review; ultra duplum rule in sec. 103(5) – differences with common-law rule. The National Credit Act has a useful provision that gives the National Credit Regulator the power to approach a court for a declaratory order on the interpretation or application of any provision in the ... cst to british
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WebNov 1, 2007 · Oploop van Rente ultra duplum – ‘n Konkretisering van die Norm van Bona Fides ?’ (1990) 53 T ydskrif vir Hedendaagse Romeins-Hollandse Reg 190 at 200; Schulze (2006) 14 Juta’ s Business ... WebSep 26, 2013 · The in duplum rule has been part of South African law for more than 100 years, being applied through South African case law from as early as 1830. Literally translated, in duplum means 'double the amount'. This common law rule provides that interest on a debt will cease to run where the total amount of arrear interest has accrued … Web4 again equals the amount of the outstanding capital.17 This law has been applied in a long line of reported cases. 18 The in duplum rule has its origins in public policy designed to protect borrowers from exploitation by lenders. 19 In the Appellate Division case of LTA Construction Bpk v Administrateur, Transvaal,20 Joubert JA conducted a thorough … cst to brisbane