General Notice No. 2929 of 2025

Currency and Exchanges Act, 1933 (Act No. 9 of 1933), as amended » Notice and Order of Forfeiture » I G...

Title	Currency and Exchanges Act, 1933 (Act No. 9 of 1933), as amended » Notice and Order of Forfeiture » I G S Consulting Engineers Close Corporation, with registration number 2003/011219/23, hereinafter referred to as the Respondent
Department	South African Reserve Bank
Gazette	National Gazettes, No. 51887 of 09 January, 2025, 2 page(s), 158Kb

STAATSKOERANT, 9 JANuARIE 2025                        No. 51887    3

SOUTH AFRICAN RESERVE BANK

Notice         of 2024
                                                  NOTICE  2929 OF 2025
                                           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:

I  G  S  Consulting  Engineers Close  Corporation,  with  registration  number  2003/011219/23,
                   hereinafter referred to as the ‘Respondent’,

of:

P O Box 2439
                   Rooihuiskraal
                   Pretoria
                   Gauteng
                   0157

Be pleased to take notice that:

1.   The Minister of Finance has, by virtue of the provisions of 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 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, inter alia, the Governor or Deputy Governors of the South African Reserve Bank.
              2.   By virtue of the functions, powers and/or duties vested in me, in my capacity as a 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 R13 245.61, being capital standing to the credit of the Respondent, together with any
                         interest thereon and/or other accrual thereto, from bank account number 004058683452, in the
                         name of I G S Consulting Engineers Close Corporation, at ABSA Bank Limited; and
                      2.2 the amount of R78 295.90, being capital standing to the credit of the Respondent, together with any
                         interest thereon and/or other accrual thereto, from bank account number 62476938140, in the name
                         of I G S Consulting Engineers Close Corporation, at FirstRand Bank Limited.
              3.   The date upon which the money specified in 2 above is hereby forfeited to the State is the date upon
                   which this Notice and Order of Forfeiture is published in this Gazette.
              4.   The money specified in 2 above shall be disposed of by depositing it into 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.

12th
                                                                   December
              6.   Signed at Pretoria on this                                 day of                                            2024.

Fundi Tshazibana
              Deputy Governor of the Prudential Cluster
              South African Reserve Bank

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General Notice No. 2929 of 2025

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