Hi Jazz again

Telecommuncation organisations, water &electricty , organisations that provide a service , are they listed as ICA. E.G telecommnuincations company that do not levy interest on outstanding accounts are they listed as incidental credit grantors. If we however decide to levy interest t on arrears accounts or a penalty fee for late payment does this mean as ICA we would need to comply with the NCA to the full extent.
My question is that desopite whether we charge interst or not what are we list as under the NCA.

incidental credit agreement” means an agreement, irrespective of its form, in terms of which an account was tendered for goods or services that have been provided to the consumer, or goods or services that are to be provided to a consumer over a period of time and either or both of the following conditions

(a) a fee, charge or interest became payable when payment of an amount charged in terms of that account was not made on or before a determined period or

date; or apply

(b) two prices were quoted for settlement of the account, the lower price being applicable if the account is paid on or before a determined date, and the higher

price being applicable due to the account not having been paid by that date











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