14. Action on failure to comply with directions

If any finance company fails to comply with any direction issued under subsection (1) or (2) of section 12, the Director shall report such fact to the Board unless otherwise provided for in any guidelines issued under section 13 and the provisions in section 25 of this Act shall apply in such event.

If any finance company fails to comply with any direction issued by the Director in terms of the guidelines issued by the Board under section 13, the Director shall report such fact to the Board and the provisions in section 25 of this Act shall apply in such event.