Usury Act, 1968 (Act No. 73 of 1968)Integration of Usury Laws Act, 1968 |
To extend the application of the Usury Act, 1968, to the areas which constituted the national territories and territories of certain former states and self-governing territories; to repeal certain laws relating to usury which apply in some of the said territories; and to provide for matters connected therewith.
| (1) | Extension of application of Act 73 of 1968 |
The Usury Act, 1968, shall apply also in the areas which constituted the national territories of the former Transkei, Bophuthatswana, Venda and Ciskei, and the areas for which the former Gazankulu, KaNgwane, KwaNdebele, KwaZulu, Lebowa and Qwaqwa had been instituted.
| (2) | Repeal of Laws |
The laws mentioned in the second column of the Schedule are hereby repealed.
| (3) | Short title |
The Act shall be called the Integration of Usury Laws Act, 1996.
Schedule - Laws Repealed
Number and year of law |
Short title |
1. TRANSKEI Act 10 of 1987 |
Limitation and Disclosure of Finance Charges Act, 1987 |
2. VENDA Act 41 of 1987 |
Usury Act, 1987 |