Question $2$: US $116342$: SPO $6$: Credit Control and

Debt Collection Policy $-47$ marks

$2\mathrm{.}1$ Identify any $3$ legislatively required components of a

good municipal credit policy and evaluate how it is

being applied in your and other surrounding

municipalities. It is advisable to complete the table

below to answer this question.

$2\mathrm{.}2$

Credit

Sub$-$total $2\mathrm{.}1=(22,5)$

Control

Policy

$2\mathrm{.}2\mathrm{.}1$ Describe and discuss what has been done in your

municipality to develop a credible credit control

policy in such a way that it fully satisfies the

requirements of which local government legislative

framework.

$(5)$

$2\mathrm{.}2\mathrm{.}2$ How is compliance to legislation monitored and

ensured in the implementation of this credit

policy?

$(5)$

$2\mathrm{.}2\mathrm{.}3$ Describe two of the commonest deviations to policy

that have often been encountered in your

municipality and how best do you think they should

be pre$-$empted. Describe and discuss what has been done in your municipality to develop a credible credit control policy in such a way that it fully satisfies the requirements of which local government legislative framework