General Notice No. 957 of 2016

Currency and Exchanes Act (9/1933) » Notice and Order of Forfeiture

Title	Currency and Exchanes Act (9/1933) » Notice and Order of Forfeiture
Department	South African Reserve Bank
Gazette	National Gazettes, No. 40526 of 30 December, 2016, 1 page(s), 644Kb

52    No. 40526             GOVERNMENT GAZETTE, 30 DECEMBER 2016

SOUTH AFRICAN RESERVE BANK
                                                  Notice        of 2016
                                                   NOTICE 957 OF 2016
          
                                            Notice and Order of Forfeiture

Notice of Forfeiture to the State of money in terms of the provisions of Exchange Control Regulation 22B
            made under section 9 of the Currency and Exchanges Act, 1933 (Act No. 9 of 1933), as amended, as
            promulgated by Government Notice No. R.1111 of 1961-12-01 in respect of the money of:

Homix (Pty) Limited
                   (Registration number 2012/176951/07)

of:
                   103 St. Fillans Avenue                          Wierda Forum Building
                   Mayfair West                                    192 Springbok Street
                   2092                                            Wierda Park
                                                                   0173

Be pleased to take notice that:

1.  The Minister of Finance has, by virtue of the provisions of Exchange Control Regulation  22E
                      delegated all the functions and /or powers conferred upon the Treasury by the provisions of the
                      Exchange Control Regulations [with the exception of the functions and /or powers conferred upon
                     the Treasury by Exchange Control Regulations 3(5) and (8), 20 and 22, but which exception does
                      not include the functions and /or powers under Exchange Control Regulations 22A, 22B,  22C and
                     22D], and assigned the duties imposed thereunder on the Treasury, to, interalia, the Governor or
                     the Deputy Governor of the South African Reserve Bank.

2.  By virtue of the functions, powers and /or duties vested in me, in my capacity as the Deputy
                     Governor of the South African Reserve Bank, in terms of the delegation and assignment of the
                     functions, powers and /or duties referred to in 1 above, I hereby give notice of a decision to forfeit
                     to the State the following money and I hereby declare and order forfeit to the State the following
                     money, namely:

2.1   the amount of R14 472 075,00 being capital standing to the credit of Homix (Pty) Limited in
                         account number 4000564463, held with Mercantile Bank Limited, together with any interest
                         thereon and /or other accrual thereto.

3.  The date upon which the money specified in 2 above is hereby forfeited to the State is the date
                     upon which this Notice of Forfeiture is published in this Gazette.

4.  The money specified in 2 above shall be disposed of by deposit thereof to the National Revenue
                     Fund.

5,  This Notice also constitutes a written order, as contemplated in Exchange Control  Regulation 22B,
                     in terms of which the money specified in 2 above is hereby forfeited to the State.
                 6.  Signed at Pretoria on this      1         day of        CE I              2016.

K Naidoo
            Deputy Governor
            South African Reserve Bank

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General Notice No. 957 of 2016

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