Consumer Protection Act Regulations (1 April 2011)
The Minister of Trade and Industry is required under section 6(1) of the CPA to make a determination as to the annual turnover or asset value threshold above which a juristic person will not be entitled to the protections offered by the Act.
The applicable threshold applicable to the size of a juristic person is R2 000 000 effective 1 April 2011 and the method to be used for calculating size is set out in a schedule to the Determination of Threshold in terms of the Consumer Protection Act 2008.