Annexure C
    2.2
    Annexure C
    p. 57

    The system

    This clause is a parent heading. Its detail is set out across the 2 sub-clauses below:

    2.2.1
    A summarized debt re-arrangement proposal, which
    2.2.2
    A full amortization schedule for each debt included

    NDRC Practice NoteLast reviewed 2026-04

    What this means in practice

    The restructuring system must produce a single proposal document that ties the affordability worksheet to the per-creditor amortisation tables. Without this link, creditors cannot verify the maths and reject the proposal.

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

    Cite this clause

    National Credit Regulator. (2015). Annexure C — Minimum Debt Counselling System Requirements, clause 2.2: The system. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 57.

    Related clauses

    2.1
    Annexure C
    The debt restructuring system
    2.2.1
    Annexure C
    A summarized debt re-arrangement proposal, which
    2.2.2
    Annexure C
    A full amortization schedule for each debt included
    2.3
    Annexure C
    The system
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    2.1 The debt restructuring system
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    2.2.1 A summarized debt re-arrangement proposal, which
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    Based on NCR Guideline 001/2015, p. 57. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.