17 Memorandum may specify objects

(1) The memorandum may specify objects of the company and may provide
that the activities of the company shall be restricted to the attainment or
furtherance of the specified objects.

(2) If —

(a) no objects of the company are specified in the memorandum;

(b) objects are specified but the activities of the company are not
restricted to the attainment or furtherance of those objects; or

(c) the memorandum contains a statement, either alone or with other
objects, that the object of the company is to engage in any act or
activity that is not prohibited under any law for the time being in
force in Seychelles,
the company‘s objects shall be deemed to include, and the company shall
have full power and the authority to carry out or to engage in, any act or
activity that is not prohibited under any law for the time being in force in
Seychelles, subject to any limitations in the memorandum.