Hon Speaker, hon members of the House and compatriots, greetings to you and to the people of our great country, South Africa. Indeed, we bring you good news with this Bill, as every member in the multiparty Portfolio Committee on Trade and Industry will confirm.
It is good news because when this Bill is passed today, it will fundamentally transform the lending landscape of our country. [Applause.] Just as the National Credit Act of 2006 protected us against the ravages and the contagion spread ... [Interjections.] ... not by you, hon Hill- Lewis, but by more eminent people in the West, where many of the banks went under. What the Bill seeks to do ... [Interjections.]