General Notice No. 502 of 2020

Currency and Exchanges Act (9/1933), as amended » Notice and Order of Forfeiture » Millers Warehousing...

Title	Currency and Exchanges Act (9/1933), as amended » Notice and Order of Forfeiture » Millers Warehousing (Pty) Limited
Department	South African Reserve Bank
Gazette	National Gazettes, No. 43714 of 15 September, 2020, 2 page(s), 143Kb

STAATSKOERANT, 15 SEPTEMBER 2020                       No. 43714    3

South African Reserve Bank/ Suid-Afrikaanse Reserwebank
                                            SOUTH AFRICAN RESERVE BANK
                                                 Notice         of 2020
                                                   NOTICE 502 OF 2020
          
                                           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:

Millers Warehousing (Pty) Limited
                  (Registration number 2014/115229/07)                                 (the Respondent)
            of:
                  Unit 24 Kings Square
                  Commercial Park
                  Cnr Genesis and Prelude Roads
                  Crown Mines
                  2092
            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, inter alia, 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 R3 795 654.08 standing to the credit of the Respondent, in account number
                           1557000034, held with Nedbank Limited, together with any interest thereon and/or other
                           accrual thereto; and

2.2  the amounts of USD74 356 and USD110 215 being capital standing to the credit of the
                           Respondent, in account number 7851010993, held with Nedbank 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   14th          day of      September            2020.

e .
             i'----t,,
            K Naidoo
            Deputy Governor
            South African Reserve Bank

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General Notice No. 502 of 2020

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