Question: If there is this threshold of 100 agreements, and R500000....does that mean that a business who is providing credit (with no interest, etc.) and has more than 100 clients (or total amounts due over R500k) would still need to register as a credit provider?
Is this affected by who their clients are, e.g. if the client asset value is greater than R1mil? Or is it a flat issue, regardless of the make up of the clients?
There's nothing to indicate that the threshold count is affected by the profile of the debtors as far as I can tell.
Participation is voluntary.
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Quite correct.
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