Ingrid Oellermann
August 29 2006 at 09:55AM A dispute between Gauteng-based King Air Services Partnership and the office of KwaZulu Natal's premier and the director-general for KZN over ownership of a Bell helicopter has been settled.
The settlement agreement was confirmed by a court order granted in the Pietermaritzburg High Court on Monday.
In terms of the agreement, King Air Services Partnership is to pay the premier's office R5 502 500 after receipt of an invoice issued by the province in respect of the 1996 Bell 206L-IV Long Ranger helicopter.
King Air Services Partnership will become the registered owner of the helicopter on confirmation by another company, Bonus Way 16 (Pty) Ltd, that it has received payment due to it from the premier's office.