General Notice No. 2986 of 2025

Currency and Exchanges Act (9/1933), as amended » Notice and Order of Forfeiture » mr Simphiwe Patric...

Title	Currency and Exchanges Act (9/1933), as amended » Notice and Order of Forfeiture » mr Simphiwe Patric Zwane, Identity Number 9611266120083 (hereinafter referred to as the Respondent)
Department	South African Reserve Bank
Gazette	National Gazettes, No. 52060 of 05 February, 2025, 2 page(s), 146Kb

STAATSKOERANT, 5 FEbRuARIE 2025                       No. 52060    3

SOUTH AFRICAN RESERVE BANK

Notice         of 2025
                                                  NOTICE  2986 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:

Mr Simphiwe Patric Zwane
                 (identity number: 9611266120083)
                 (hereinafter referred to as the Respondent)
            of:
                 1821 Richardsbay Street
                 Piet Retief
                 Mpumalanga
                 2380

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 R79  256.88,  in  account  number 9353256048 held with  ABSA  Bank  Limited
                      standing to the credit of the respondent, 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.

29th
                                                                   January
            6.   Signed at Pretoria on this                                 day of                                               2025.

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

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General Notice No. 2986 of 2025

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