Ms P Mantashe (ANC) asked whether it would be problematic if the interest was stopped at the date of application to suspend the credit agreement, because if the interest continued ...
Ms P Mantashe (ANC) said that the aim was not to exclude people from the credit market; the period should be kept to no more than two years maximum.
Ms P Mantashe (ANC) stated that the DTI wanted the powers of the National Credit Regulator (NCR) to be re-looked at but the Subcommittee did not agree to this.