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 to forfeit to the State an amount of R151 610.97 standing to the credit of Mr Huawang Chen, together with any interest or other accrual. It says the money was in a bank account held with First National Bank and later transferred to a currency account. The notice also states that the forfeiture date is the date of publication in the Gazette and that the money is to be deposited into the National Revenue Fund.
This appears to concern a forfeiture notice under Exchange Control Regulation 22B and may be relevant to currency and exchange control matters.
Evidence from source
I hereby declare and order forfeit to the State the following money, namely: 2.1 the amount of R151 610.97, being capital standing to the credit of the Respondent
Supports: plain_summary sentence 1
in bank account number 62342012044 which was subsequently transferred to currency account number 92001418766, held with First National Bank.
Supports: plain_summary sentence 2
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: plain_summary sentence 3