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 by the South African Reserve Bank Deputy Governor to forfeit to the State USD92 386.00 held in a Nedbank account in the name of Pantera Export (Pty) Limited. It says the notice is published under Exchange Control Regulation 22B and that the money is to be deposited into the National Revenue Fund.
It may be relevant to parties following exchange control forfeiture notices and company funds identified in Gazette publications.
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 USD92 386.00
Supports: Summary sentence 1
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.
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 2