• Usury Act, 1968 (Act No. 73 of 1968) [Repealed]
    • Act
    • 1. Definitions
    • 2. Maximum annual finance charge rates which may be charged in connection with a money lending transaction, a credit transaction and a leasing transaction
    • 2A. Limitation of finance charges in respect of money lending transactions secured by certain mortgage bonds
    • 2B. Limitation of finance charge rate at conclusion of contract
    • 3. Compulsory disclosure of finance charges
    • 3A. Particulars in instrument of debt relating to payment of outstanding principal debt and finance charges before due date
    • 4. Limitation of sum recoverable on default or deferment of payment
    • 4A. Sum recoverable on expiry of period of notice by moneylender, credit grantor or lessor
    • 5. Limitation of sum recoverable from borrower, credit receiver or lessee
    • 5A. Recovery of certain moneys not permitted by section 5
    • 6. Reduction of instalments in the event of advanced payment, refinancing or consolidation of debt
    • 6A. Payment of portion of principal debt and finance charges before due date
    • 6B. Consequence of notice relating to payment before due date of outstanding principal debt and finance charges in terms of certain money lending transactions or credit transactions
    • 6C. Consequence of certain agreement relating to change of amount of instalments payable in terms of certain money lending transactions or credit transactions
    • 6D. Consequence of certain agreement relating to consolidation of principal debts and finance charges payable in terms of several money lending transactions or credit transactions
    • 6E. Replacement of property in terms of certain leasing transactions and change of amount of instalments payable in terms of certain leasing transactions
    • 6F. Termination of leasing transactions before expiry of lease
    • 6G. Consequence of notice relating to payment before due date of outstanding principal debt and finance charges in terms of certain leasing transactions in the event of termination of such transactions
    • 6H. Consequence of payment before due date without notice of outstanding principal debt and finance charges in terms of certain leasing transactions in the event of termination of such transactions
    • 6I. Consequence of notice relating to payment before due date of outstanding principal debt and finance charges in terms of certain leasing transactions if such transactions not terminated
    • 6J. Consequence of payment before due date without notice of outstanding principal debt and finance charges in terms of certain leasing transactions if such transactions not terminated
    • 6K. Money value of leased property at expiry of lease or termination of leasing transaction
    • 6L. Position regarding recovery of additional finance charges and other costs
    • 7. Recovery of an amount overpaid in connection with money lending transaction, credit transactiono or leasing transaction
    • 8. Position of bona fide holder for value of instrument of debt
    • 9. Lower rate under another law not affected
    • 9A. Effect of Act on other statutes
    • 10. Moneylender or credit grantor to furnish borrower or credit receiver with copy of instrument of debt with certain information
    • 11. Legal proceedings for recovery of debt incurred in connection with a money lending transaction, a credit transaction or a leasing transaction
    • 11A. Legal proceedings for recovery of costs for repair or maintenance of leased property
    • 12. Delegation and assignment of powers and duties
    • 12A. Assignment of functions and powers by Minister
    • 13. Powers of inspection
    • 14. Furnishing of information to the Registrar
    • 15. Exemptions from the provisions of this Act
    • 15A. Exemptions by Minister
    • 16. Regulations
    • 16A. Regulations in respect of housing loan
    • 17. Penalties
    • 17A. Penalty for failure to furnish information to Registrar
    • 18. Jurisdiction of magistrate's court
    • 18A. Statement of question of law for opinion of Supreme Court
    • 19. Application of Act to South-West Africa (Repealed)
    • 20. Repeal of existing laws
    • 21. Short title and date of commencement
    • Schedule
  • Regulations
    • Regulations
    • 1. Definition
    • 2. Prescribed amounts
  • Notices
    • 713 of 1999 Notice in terms of Section 15A of the Usury Act
    • 259 of 2000 Annual Finance Charge Rates
    • 6959 of 2000 Prohibition on the Use of Personal Information as Security or Collection Arrangements
    • Government Notice No. 992 Annual finance charge rates schedule
    • Government Notice No. 3368 of 2003
    • Notice No. 166 of 2007 - Annual finance charge rates
  • Integration of Usury Laws Act
    • Integration of Usury Laws Act
  • Usury Report
    • Report on Costs and Interest Rates in the Small Loans Sector
    • Executive Summary
    • 1. Introduction
    • 2. Overview of the Market for Microlending in South Africa: Demand and Supply
    • 3. Considerations on interest rates and microlending
    • 4. Findings from the Information gathering exercise
    • 5. Risk weighting assessment
    • 6. Trends in the sector and summary of findings
    • 7. Recommendations
    • List of Annexes
    • Annex II : Bibliography
    • Annex IV: Interest rate calculations [1]
    • Annex V: Overview Of Problems, Causes, Types Of Solutions And Various Options
    • Annex VI: Scenarios for Interest Rate Reduction