Annexure A
    2.5.2
    Annexure A
    p. 20

    If consent

      If consent has been obtained from all of the Credit Providers involved, the DC should apply for a Consent Order.

    NDRC Practice NoteLast reviewed 2026-04

    What this means in practice

    A consent order is the fastest route: all credit providers agree, the magistrate confirms the rearrangement on the papers, and the order takes effect on grant. Hearing time is minimal and creditor opposition risk is removed.

    Legal context

    Statutory basis: NCA s 86(8)(a) read with s 87(1)(b). The order made under s 87 is what makes the rearrangement legally binding.

    Drawn from NDRC's active case work. For your situation, see our debt counselling overview.

    Cite this clause

    National Credit Regulator. (2015). Annexure A — Debt Review Process & Conduct Provisions, clause 2.5.2: If consent. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 20.

    Related clauses

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    Annexure A
    Improved debt review process rules
    2.1
    Annexure A
    Form 17
    2.2
    Annexure A
    Credit Provider Information Stage
    2.2.1
    Annexure A
    Within 5 business days of receiving Form
    Previous
    2.5.1 Upon receipt of the Credit Providers replies to the debt
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    2.5.3 If consent
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    Based on NCR Guideline 001/2015, p. 20. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.