General Notice No. 267 of 2021

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

Title	Currency and Exchanges Act, 1933 (Act No. 9 of 1933), as amended » Notice and Order of Forfeiture » NN Sun (Pty) Limited (Registration number » 2016/538178/07) (the Respondent)
Department	South African Reserve Bank
Gazette	National Gazettes, No. 44556 of 11 May, 2021, 2 page(s), 133Kb

STAATSKOERANT, 11 MEi 2021                         No. 44556    3

SOUTH AFRICAN RESERVE BANK
                                               Notice     ____    of 2021
                                                  NOTICE  267 OF 2021
                                            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:

NN Sun (Pty) Limited
                      (Registration number: 2016/538178/07) (the ‘Respondent’)
              of:
              11921 Sunset Avenue
              Sunset Lane
              Lonehill
              2191
              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, 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 amounts of USD15 001.00 in the SARB USD suspense account with account number
                           62852695380; and
                       2.2. the amount of R101 948.58, being capital standing to the credit of the Respondent in account
                           number 62665933886;
                       held with FirstRand Bank Limited, together with any interest thereon and/or 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  10th       day of      May                2021.

C-6

K Na
                   K Naidooidoo
                   Deputy Governor
                   Deputy Governor
                   South African Reserve Bank

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General Notice No. 267 of 2021

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