Hon Chairperson and members, the National Credit Amendment Bill, B30 of 2018, was referred to the Select Committee on Trade and International Relations on 12 September 2018. The committee received the briefing on the Bill on 10 October 2018.
The Select Committee on Trade and International Relations, having deliberated and considered the subject of the National Credit Amendment Bill which is a section 76 Bill, referred to it, report that it has agreed to the Bill without amendments.
This is a committee Bill and we have looked at the process that we need to follow related thereto. We as a committee looked at the rationale of the Bill. We have looked at the main themes of the Bill
and we have also been briefed by appropriately qualified people from the Department of Trade and Industry, the National Credit Regulator as well as Parliament's legal team.
In conclusion, we have also looked at the very important element of this Bill, which is credit life insurance related to the provision of credit or people that have been excluded from this right. Chairperson, I present the National Credit Amendment Bill to this House for adoption. Thank you, Chair.
Debate concluded.
Question put:
Declarations of vote: