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With the introduction of the National Credit Act, 2008 and the Protection of Personal Information Act, 2012 (amongst other regulatory matters) it is critical for most businesses to undertake a review or update of their current credit application forms. This document is compliant with the current legislative framework. It is designed for businesses operating as manufacturers.
This is a generic consent to the debiting of an account. It is recommended that confirmation is obtained from the relevant bank – who may require different forms to be used.
