General Notice No. 249 of 2020

Currency and Exchanges Act (9/1933) » Notice and Order of Forfeiture » Sharpwork Auto Services Close...

Title	Currency and Exchanges Act (9/1933) » Notice and Order of Forfeiture » Sharpwork Auto Services Close Corporation
Department	South African Reserve Bank
Gazette	National Gazettes, No. 43254 of 29 April, 2020, 2 page(s), 148Kb

STAATSKOERANT, 29 APRIL 2020                        No. 43254    3

South African Reserve Bank/ Suid-Afrikaanse Reserwebank
                                            SOUTH AFRICAN RESERVE BANK
                                                 Notice        of 2020
                                                   NOTICE 249 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:

Sharpwork Auto Services Close Corporation
                 (Registration number: 2011/078963/23)

of:
                 14 Robertson Street                        and/or              27A Reid Street
                 Benoni                                                         Rynfield
                 1501                                                           Benoni
                                                                                1501

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 R8 290 845.61 being capital standing to the credit of Sharpwork Auto Services
                         Close Corporation,  in  account number 100200300090925, held  with  Bank of  China
                         Johannesburg Branch, 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   28th          day of        APRIL              2020.

K Naidoo
            Deputy Governor
            South African Reserve Bank

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General Notice No. 249 of 2020

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