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 to forfeit to the State money linked to Firethorn Trading and Investments (Pty) Limited under Exchange Control Regulation 22B. It states that R118 025.91 held in an ABSA Bank account, together with any interest or accruals, is forfeited to the State on publication of the notice in the Gazette.
This appears to concern the forfeiture of a specific bank balance and may be relevant to parties tracking exchange control notices and South African Reserve Bank publications.
Evidence from source
the amount of R118 025.91 standing to the credit of the Respondent in account number 299000486 held with ABSA Bank Limited, together with any interest thereon or any other accrual thereto.
Supports: The document identifies the amount and account subject to forfeiture.
The date upon which the money specified in 2 above is hereby forfeited to the State is the date upon which this Notice and Order of Forfeiture is published in this Gazette.
Supports: The document states the forfeiture date is the publication date in the Gazette.