PDA FEES

The fees which the PDA may recover in respect of the services and functionality provided for in the Service Level Agreement, may not exceed:

1.1.1 For consumers’ debt rearrangement plans effective before 01 February 2011 the following fees will apply:

1.1.1.1 A fee of R7.00 for each payment of between R1.00 and R200.00 distributed in respect of each credit

           agreement included in the consumer’s debt re-arrangement plan.

1.1.1.2 A fee of R15.00 for each payment between R201.00 and R500.00 distributed in respect of each credit

          agreement included in the consumer’s debt re-arrangement plan.

1.1.1.3 A fee of R25.00 for each payment exceeding R500.00 distributed in respect of each credit agreement

           included in the consumer’s debt re-arrangement plan.

1.1.1.4 These amounts are exclusive of value added tax (VAT).

1.1.2 For consumers’ debt rearrangement plans or restructured proposals of consumers effective from 01 February

         2011 the following fees will apply:

1.1.2.1 A fee of 3% of the distributable amount, with a minimum fee of R50.00 and a maximum of R500.00 per

           consumer contribution.

1.1.2.2 These amounts are exclusive of VAT.

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