IN terms of the NCA, credit transactions entered into with juristics with a turnover or asset value R1M or above are excluded and the NCA does not apply. Thus these agreements cannot be classed as credit agreements in terms of the NCA.
The CPA exempts credit agreements in terms of the NCA from CPA applicability.
The CPA's threshold for transactions by juristics as consumers to fall outside of the CPA is R2M.
Thus the grey area. The CPA would apply to credit transaction entered into between juristic persons with a t/o or a/v of greater than R1m up to R2M. Full CPA applicability in respect of what everyone would generally regard as a "credit agreement". Also means that suretyships signed in respect of these transaction would fall under the CPA.
Looking for the clever people to comment. Am I correct in my thinking?