Home Loan and Mortgage Disclosure Amendment Draft Bill 2016

Call for comments opened 31 March 2017 Share this page:

Submissions are now closed (since 30 April 2017)

Human Settlements, Water and Sanitation

The Department of Human Settlements has published the Home Loan and Mortgage Disclosure Amendment Bill 2016, and is asking you to comment.

The Bill seeks to amend the Home Loan and Mortgage Disclosure Act, 2000, so as to:
▪ substitute and insert certain definitions;
▪ extend the powers of the Office of Disclosure to investigate public complaints on financial institutions relating to home loans;
▪ provide for instances that constitutes conflict of interest;
▪ provide for the information required to be disclosed by financial institutions under the Act

Comments can be emailed to Mr T Khambule at [email protected] by no later than Sunday, 30 April 2017.

Enquiries can be directed to Mr T Khambule on tel (012) 444 9088