Section 11A: Payment of instalment under credit sale agreement
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
11A. Payment of instalment under credit sale agreement
(1) Subject to subsection (2), a dealer shall not claim payment of any instalment which is overdue under a credit sale agreement otherwise than by
action.
(2) The dealer shall not enter an action under subsection (1) unless he
first claims payment of the instalment which is overdue by notice in writing
by registered post to the buyer.
[S. 11A added by Act 1 of 1995; Act 26 of 2000.]
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Questions this section answers
- Can a dealer sue me for an overdue credit sale instalment without first sending a written demand?