Section 103 vs In Duplum Rule

The In Duplum Rule is dead!   – Long Live the In Duplum Rule! In the recent Nedbank v The National Credit Regulator, Judge Malan clarifies the position around the In Duplum Rule and confirms the declaratory order previously given by Judge du Plessis relating to...

Distribution of funds

Does your software distribute money collected correctly and what are your risks? Section 126(3) of the National Credit Act deals with the allocation of payments received from debtors and expressly provides as follows: (3) A credit provider must credit each payment...

Backups are important

This article is the sixth of a series that was published in the De Rebus, the South African Attorneys Journal, and it is designed to let the smaller practice identify with practice management issues and to assist in increasing the productivity of smaller firms....