Annexure C
    2.5.11
    Annexure C
    p. 59

    Every system

      Every system must be subject to an annual audit (or review) by and independent appropriately qualified external firm, in order to confirm the continued compliance of the system with the guidelines and parameters.

    Cite this clause

    National Credit Regulator. (2015). Annexure C — Minimum Debt Counselling System Requirements, clause 2.5.11: Every system. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 59.

    Related clauses

    2.1
    Annexure C
    The debt restructuring system
    2.2
    Annexure C
    The 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
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    2.5.10 The debt restructuring software
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    3 Parameters for debt restructuring rule solutions
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    Based on NCR Guideline 001/2015, p. 59. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.