This is an AI-generated summary of a selected monitored public legal source and may omit context. It is general information only, not legal advice, and is not a substitute for reading the source or consulting an attorney.
AI summary
The notice records a decision and order by the South African Reserve Bank to forfeit R233 481.40 held in a Nedbank account in the name of Botshelo Family CJ Trading (Pty) Limited. It says the forfeiture is made under Exchange Control Regulation 22B and that the money will be deposited to the National Revenue Fund.
This appears to concern a specific forfeiture notice under exchange control provisions and may be relevant to parties tracking regulatory notices and account forfeitures.
Evidence from source
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 R233 481.40
Supports: plain_summary sentence 1
held with Nedbank Limited standing to the credit of the respondent, together with any interest thereon and/or other accrual thereto.
Supports: plain_summary sentence 1
as contemplated in Exchange Control Regulation 22B, in terms of which the money specified in 2 above is hereby forfeited to the State.
Supports: plain_summary sentence 2