* This article is based on a paper delivered by Professor Gail Pearson as part of a seminar organised by the Department of Mercantile Law, University of South Africa as part of their community engagement project entitled the "Responsible Use of Credit" held on 28 September 2015 at the University of South Africa, Pretoria, South Africa.
1 See ss 3(e)(i) and 16(1)(a) of the National Credit Act 34 of 2005 (South Africa) (the NCA); s 3(c) of the Financial Services Board Act 97 of 1990 (South Africa) (FSB Act); s 1(2)(b) of the Australian Securities and Investments Commission Act, 2001 (Cth); s 760A(a) of the Corporations Act, 2001 (Cth) (Australia).
2 Section 3(e)(i) read with s 16(1)(a)-(b) of the NCA.
3 Section 3(c) of the FSB Act.
ASIC became responsible in 2008. See ASIC 2016 https://www.moneysmart.gov.au/?referrer=understandingmoney.gov.au and also ASIC 2016 http://www.financialliteracy.gov.au/.
See FCA 2014 http://www.financialcounsellingaustralia.org.au/Corporate/News/14-ofAustralians-won't-understand-this-press-rele.
FOS 2014 see https://www.fos.org.au/custom/files/docs/fos-submission-to-shaping-anational-financial-literacy-strategy-for-201416.pdf; FOS 2014 http://fsi.gov.au/files/ 2014/04/Financial_Ombudsman_Service_attachment_1.pdf.
See ASIC 2016 http://www.financialliteracy.gov.au/supporters/business-and-industry.
OECD 2014 http://www.oecd.org/daf/fin/financial-education/guidelines-private-notfor-profit-financial-education.pdf.
See MoneyMinded date unknown http://www.moneyminded.com.au/?page_id=350.
74 See Finmark Trust 2005 http://www.finmark.org.za/wp-content/uploads/2016/01/ Note_finLit_SA_2005.pdf 2.
75 Finmark Trust 2005 http://www.finmark.org.za/wp-content/uploads/2016/01/Note_ finLit_SA_2005.pdf 2.
76 It was issued in terms of s 9 of the Broad-based Black Economic Empowerment Act. For a copy of the Code see Gen N 997 in GG 35914 of 26 November 2012.
77 See Cover 2013 http://www.cover.co.za/news/10-years-on-the-financial-sector-codelaunched.
78 See FSB 2012 https://www.fsb.co.za/Departments/consumerEducation/Documents/ Financial%20Literacy%20Booklet%202012.pdf.