All sections · Part XXI: Miscellaneous Provisions

379 Position with respect to other laws

This section has been amended. The text above is the 2016 wording; the amending provisions follow.

(1) The fiscal exemptions and concessions granted by sections 361, 362 and
363 of this Act shall apply and prevail notwithstanding any inconsistency
between such sections and —

(a) the Business Tax Act;

(b) the Stamp Duty Act;

(c) the Income and Non-Monetary Benefits Tax Act;

(d) the Foreign Exchange Act; or

(e) the Value Added Tax Act.

(2) To the extent of any inconsistency between the Civil Code of Seychelles
Act or the Commercial Code Act and —

(a) Sub-Part VII of Part V of this Act (Security over shares);

(b) Part IX of this Act (Charges over company property);

(c) Part XVII of this Act (Striking off, winding up and dissolution);
or

(d) section 382 of this Act (Modification of Civil Code of Seychelles
with respect to companies),

this Act shall prevail.


(3) To the extent of any inconsistency between the Companies Act and Part
X of this Act (conversions), this Act shall prevail.

Amended since 2016

Act 15 of 2018 · 2019-01-01
by repealing section 379(1) and substituting therefor the following- "(1) The exemption granted under section 362 of this Act shall prevail notwithstanding any inconsistency with provisions of the Stamp Duty Act";
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