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 that money in the name of Hua Ron Investments Close Corporation is forfeited to the State under Exchange Control Regulation 22B. It states that the amount is R138 393.83 in an Absa Bank account, together with any interest or other accrual. It also says the money will be deposited into the National Revenue Fund.
This may be relevant to persons tracking exchange control notices and forfeiture orders involving a specific close corporation and bank account.
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 R138 393.83
Supports: Summary sentence 1 and 2
in account number 4071781697 held with Absa Bank Limited standing to the credit of the respondent, together with any interest thereon and/or other accrual thereto.
Supports: Summary sentence 2
The money specified in 2 above shall be disposed of by deposit thereof to the National Revenue Fund.
Supports: Summary sentence 3