2021-01-01

Security Interest in Movable Property Act (Commencement) Notice 2021

Lesotho’s Minister responsible for finance, Thabo Sophonea, has designated 6 August 2021 as the commencement date for the Security Interest in Movable Property Act, 2020. Exercising powers under section 1 of the legislation, this notice formally activates the statutory framework governing security interests in movable assets. The effective date ensures immediate regulatory compliance and legal certainty for creditors, debtors, and financial institutions across Lesotho.

Central Bank of Lesotho logo

Lesotho

Central Bank of Lesotho

Click to view thumbnail

LESOTHO Government Gazette Vol. 66 Friday – 6th August, 2021 No. 78 CONTENTS No. Page LEGAL NOTICES 91 Fuel and Services Control (Fuel Price) .......................................... 1215 Notice, 2021 92 Publication of Deregistered Cooperative Societies........................ 1219 Notice, 2021 93 Security Interest in Movable Property Act..................................... 1232 (Commencement) Notice, 2021 OTHER NOTICES (See Supplement of the Gazette) Published by the Authority of His Majesty the King Price: M24.00

LEGAL NOTICE NO. 91 OF 2021 Fuel and Services Control (Fuel Price) Notice, 2021 Pursuant to section 3(1)(c) of the Fuel and Services Control Act, 1983 1 and in ex￾ercise of the powers conferred on me by the Fuel and Services Control (Delegation) Notice, 20212 , I, T. MOHASOA Executive Secretary, Petroleum Fund Secretariat, make the following Notice - Citation and commencement

  1. This Notice may be cited as the Fuel and Services Control (Fuel Price) Notice, 2021 and shall come into operation on the 6th August, 2021. Interpretation
  2. In this Notice, unless the context otherwise requires - “Lowlands” include Quthing, Qacha’s Nek and Mount Moorosi; “Pump price” means the cost price of fuel reflected on the fuel pump. Fuel prices
  3. (1) The fuel prices for Lowlands, Mokhotlong, Mphaki and Thaba-Tseka are as follows - 1215

PUBLIC PRICES AUGUST, 2021 GOVERNMENT PRICES Petrol Petrol Diesel IP Petrol Petrol Diesel Diesel 93 95 50ppm 93 95 50ppm 50ppm Lowlands (Zone 1) Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1015.9 1029.0 975.5 654.2 Dealer Margin 112.1 100.0 VAT @ 15% payable by dealer 197.0 198.9 192.4 0 152.4 154.3 146.3 98.1 Retail Price including VAT 1510 1525 1475 1040 1168 1183 1122 752 MPHAKI (ZONE 2) Zone 1 wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1015.9 1029.0 975.5 654.2 Mphaki zone additional delivery 0.0 5.0 differential Zone 2 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1020.9 1034.0 980.5 659.2 Dealer Margin 112.1 100.0 VAT payable 197.0 198.9 192.4 0 142.9 144.8 137.3 92.3 Retail Price including VAT 1510 1525 1475 1040 1164 1179 1118 752 Thaba-Tseka (Zone 3) Zone 1 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1015.9 1029.0 975.5 654.2 Zone 3 additional delivery differential 0.0 8.0 Zone 3 wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1023.9 1037.0 983.5 662.2 Dealer Margin 112.1 100.0 VAT payable 197.0 198.9 192.4 0 143.3 145.2 137.7 92.7 Retail Price including VAT 1510 1525 1475 1040 1167 1182 1121 755 Mokhotlong (Zone 4) Zone 1 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1015.9 1029.0 975.5 654.2 Zone 4 additional delivery differential 0.0 16.0 Zone 4 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 1031.9 1045.0 991.5 670.2 Dealer Margin 112.1 100 0.0 93.8 VAT payable 197.0 198.9 192.4 0 144.5 146.3 138.8 764 Retail Price including VAT 1510 1525 1475 1040 1176 1191 1130 764 1216 FUEL PRICE ADJUSTMENTS

COMMERCIAL CUSTOMERS PRICES AUGUST, 2021 Petrol Petrol Diesel IP Petrol Petrol Diesel Diesel 93 95 50ppm LR UL 500ppm 50ppm Lowlands (Zone 1) Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 858.0 858.0 883.1 900.6 VAT payable @ 15% 180.1 182.1 175.6 N/A 0.0 VAT @ 14% payable by dealer 122.2 122.2 122.8 125.9 0 120.1 120.1 123.6 126.1 Wholesale Price including VAT 1381 1396 1346 940 978.1 978.1 1006.7 1026.7 MPHAKI (ZONE 2) Zone 1 wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 858.0 858.0 883.1 900.6 Mphaki zone additional delivery 5.0 0.0 differential Zone 2 Wholesale price excluding VAT 1205.9 1219.0 1175.5 945.0 VAT payable 180.9 182.8 176.3 N/A 0.0 Wholesale Price including VAT 1387 1402 1352 945 978.1 978.1 1006.7 1026.7 Thaba-Tseka (Zone 3) Zone 1 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 858.0 858.0 883.1 900.6 Zone 3 additional delivery differential 8.0 0.0 Zone 3 Wholesale price excluding VAT 1208.9 1222.0 1178.5 948.0 593.0 858.0 858.0 883.1 900.6 0.0 VAT payable 181.3 183.3 176.8 N/A 120.1 120.1 123.6 126.1 Wholesale Price including VAT 1390 1405 1355 948 593 978.1 978.1 1006.7 1026.7 Mokhotlong (Zone 4) Zone 1 Wholesale price excluding VAT 1200.9 1214.0 1170.5 940.0 585.0 858.0 858.0 883.1 900.6 Zone 4 additional delivery differential 16.0 0.0 Zone 4 Wholesale price excluding VAT 1216.9 1230.0 1186.5 956.0 601.0 858.0 858.0 883.1 900.6 120.1 120.1 123.6 126.1 VAT Payable 182.5 184.5 178.0 N/A Wholesale Price Incl. VAT 1399 1414 1364 956 601 978.1 978.1 1006.7 1026.7 1217

(2) An owner of an outlet shall ensure that the pump price is re￾flected on the pump at the time of the sale. (3) All the prices are in lisente per litre (L/l). Repeal 4. The Fuel and Services Control (Fuel Price) Notice, 2021 3 is repealed. T. MOHASOA EXECUTIVE SECRETARY, PETROLEUM FUND SECRETARIAT NOTE

  1. Act No. 23 of 1983
  2. L.N. No. 32 of 2021
  3. L.N. No. 76 of 2021 1218

LEGAL NOTICE NO. 92 OF 2021 Publication of Deregistered Cooperative Societies Notice, 2021 Pursuant to section 79(2) of the Cooperative Societies Act, 2000 1 , I, THESELE ’MASERIBANE Minister responsible for small business development, cooperatives and market￾ing, make the following notice - Citation and commencement

  1. This Notice may be cited as the Publication of Deregistered Coop￾erative Societies Notice, 2021 and shall come into operation onthe date of pub￾lication in the Gazette. Deregistered Cooperative Societies
  2. The following cooperative societies are deregistered - LIST OF DEREGISTERED COOPERATIVE SOCIETIES BEREA DISTRICT (D) No. Names of Cooperative Societies Registration No.
  3. Berea District Union Cooperative Society Ltd 8
  4. Kopana Linoko Multi-Purpose Cooperative Society Ltd 46
  5. Maqhaka Makhona Tsohle Cooperative Society Ltd 49
  6. Letsema La Futhong Multi-Purpose Cooperative Society Ltd 63
  7. Tsoarang Ka Matsoho Marabe Multi-Purpose Cooperative 125 Society Ltd
  8. Kopanang Nokong Multi-Purpose Cooperative Society Ltd 136 1219

1220 7. Tsoelang Pele Baking Multi-Purpose Cooperative 151 Society Ltd 8. Ke Leo Leseli Matsekha Bela-Bela Poultry and Piggery 170 Cooperative Ltd 9. Khubetsoana Kopano ke Matla Lihoai Multi-Purpose Cooperative Ltd 206 10. Kueneng Multi-Purpose Cooperative Society Ltd 358 11. Thusanang Mafotholeng Thrift and Credit Cooperative 364 Society Ltd 12. Bakaneng Ikopanyeng Basotho Multy-Purpose Cooperative 417 Society Ltd 13. Iphahamise Tsereoane Farmers Cooperative Society Ltd 443 14. Malimo Farmers Cooperative Society Ltd 483 15. Patanang Maroala Handicrafts Cooperative Society Ltd 498 16. Thabang Letsoale Handicrafts Cooperative Society Ltd 503 Society Ltd 17. Pulane Khothalang Farmers Cooperative Society Ltd 505 18. Kubetu Farmers Cooperative Society Ltd 507 19. Boikhathatso Souru Handicrafts Cooperative Society Ltd 522 20. Potlakang Popopo Farmers Cooperative Society Ltd 529 21. Berea Tractor Owners Cooperative Society Ltd 532 22. Mohatlane Utloang Handicrafts Cooperative Society Ltd 537 23. Reka Sitoa Ke Eng Malimong Farmers Cooperative 550 Society Ltd

  1. Majaheng Farmers Cooperative Society Ltd 550

  2. Molumong Farmers Cooperative Society Ltd 565

  3. Maqalika Multi-Purpose Cooperative Society Ltd 568

  4. Khorong Ha Nchela Farmers (Grazing) Cooperative 585 Society Ltd

  5. Le Reng Lihoai Multi-Purpose Cooperative Society Ltd 203

  6. Manka Farmers Cooperative Society Ltd 452

  7. Ha Re Lemeng Lihoai Multi-Purpose Cooperative 459 Society Ltd

  8. Thusanang Farmers Cooperative Society Ltd 467

  9. Kopanang Nthoba Multi-Purpose Cooperative Society Ltd 108

  10. Ntebele Multi-Purpose Cooperative Society Ltd 107

  11. Maloela Nkhaketse Multi-Purpose Cooperative Society Ltd 100

  12. Rat√iu Multi-Purpose Cooperative Society Ltd 19 MASERU DISTRICT (A) No. Names of Cooperative Societies Registration No.

  13. Lerato Lower Qeme Multi-Purpose Cooperative Society Ltd 144

  14. Utloanang Pamorakane Multi-Purpose Cooperative Society Ltd 145

  15. Patanang Sekoala Toloane Farmers Ha Toloane Ltd 162

  16. Qeme Pshatlella Multi-Purpose Cooperative Society Ltd 172 1221

  17. Khantsang Sekepe Multi-Purpose Cooperative Ltd

  18. Reitumetse Fika Le Mohala Multi-Purpose Society Ltd 217

  19. Mauteng Thrift and Credit Cooperative Society Ltd 219

  20. Itekeng Naledi Multi-Purpose Cooperative Society Ltd 91

  21. Ka Matla Lilepe Multi-Purpose Cooperative Ltd 142

  22. Likotsi Phallang Multi-Purpose Cooperative Society Ltd 153

  23. Ratau Phaphamang Likitla Multi-Purpose Ltd 239

  24. Morija Ipopeng Multi-Purpose Cooperative Society Ltd

  25. Motloheloa Farmers Cooperative Society Ltd 297

  26. Phahameng Farmers Cooperative Society Ltd 12

  27. Lesotho Cooperative Savings Society Ltd 179

  28. Lesotho Cooperative Manufacturing Industrial Ltd 248

  29. African Cooperative Savings and Credit Association 288 (ACOSCA) Ltd

  30. Rathang Lilepe Handicraft Cooperative Society Ltd 354

  31. Lerato Poultry Cooperative Society Ltd 356

  32. Lesotho National Development Cooperative Society Ltd 360

  33. Hlalefelang Linako Thrift and Credit Cooperative 340 Society Ltd

  34. Maluti Piggery Cooperative Society Multi Purpose Ltd 434

  35. Machache Farmers Cooperative Society Ltd 465 1222

  36. Mofoka Farmers Cooperative Society Ltd 466

  37. Raohang Nyakosoba Farmers Cooperative Society Ltd 502

  38. Kopanang Machocha Farmers Cooperative Society Ltd 533

  39. Semphetenyane Tsohang Multi-Purpose Society Ltd 539

  40. Mokema Farmers Cooperative Society Ltd 556

  41. Thota Moli Multi-Purpose Cooperative Society Ltd 563

  42. Iteleng Tsohang Farmers Cooperative Society Ltd 570

  43. NUL Workers Credit Union Cooperative Society Ltd 575

  44. Mejametalana Multi-Purpose Cooperative Society Ltd 591

  45. Nkoeng Horticulture Cooperative Society Ltd 51

  46. Mpatana Thrift and Credit Cooperative Ltd 283

  47. Ratau Farmers Cooperative Society Ltd 545

  48. Popa Farmers Cooperative Society Ltd 548

  49. Boqate Likhutsana Farmers Cooperative Society Ltd 551

  50. Manonyane Farmers Cooperative Society Ltd 561

  51. Thabang Sechaba Multi-Purpose Cooperative Society Ltd 201

  52. Lilala Kopanang Basotho Cooperative Society Ltd 209 1223

LERIBE DISTRICT (C) No. Names of Cooperative Societies Registration No.

  1. Lifefo Thrift and Credit Cooperative Society Ltd 58

  2. Matukeng Hatooa-Mose Mosali Multi-Purpose 62 Cooperative Ltd

  3. Malaoaneng Multi-Purpose Cooperative Society Ltd 116

  4. Mathokoane Central Multi-Purpose Cooperative Society Ltd 118

  5. Mathata Multi-Purpose Cooperative Society Ltd 119

  6. Fobane Kopano Ke Matla Multi-Purpose Cooperative 141 Society Ltd

  7. Boiteko Kota Thrift and Credit Cooperative Society Ltd 149

  8. T√epanang Tlalinyane Multi-Purpose Cooperative Society Ltd

  9. Ipopeng Basotho Kotope Multi-Purpose Cooperative Society Ltd

  10. Hlotse Multi-Purpose Cooperative Society Ltd 165

  11. Mahobong Multi-Purpose Cooperative Society Ltd 180

  12. Matsoete Multi-Purpose Cooperative Society Ltd 182

  13. Ralikariki Kopano Ke Matla Thrift and Credit Cooperative Ltd

  14. Kopanang Lifefo Multi-Purpose Cooperative Society Ltd

  15. Ntloana-T√oana Farmers Cooperative Society Ltd 179

  16. Maoana Masaoana Multi-Purpose Cooperative Society Ltd 220 1224

  17. Tutulung Cooperative Society Limited 99

  18. Chonapase Multi-Purpose Cooperative Society Ltd 131

  19. Linotsing Multi-Purpose Cooperative Society Ltd 134

  20. Fobane Farmers Cooperative Society Ltd 141

  21. Matlaka Ikopanyeng Multi-Purpose Cooperative Society Ltd 159

  22. Molipa Multi-Purpose Cooperative Society Ltd 160

  23. Ikaheng Makoaqo Multi-Purpose Cooperative Society Ltd 211

  24. Subeng Community Multi-Purpose Cooperative Society Ltd 229

  25. Makhaketsa Ikopanyeng Multi-Purpose Cooperative 231 Society Ltd

  26. Mokhethi Ratanang Multi-Purpose Cooperative Society Ltd 233

  27. Leribe District Cooperative Union Ltd 235

  28. Leribe Civil Servant Credit Union Ltd 327

  29. Pele-ea-Pele Malibatso Cooperative Society Ltd 243

  30. Mpharane Multi-Purpose Cooperative Society Ltd 37

  31. Mohalalitoe Multi-Purpose Cooperative Society Ltd 66

  32. Mankaoaneng Multi-Purpose Cooperative Society Limited 208

  33. United Plumbing Multi-Purpose Cooperative Society Ltd 212

  34. Elelloang Mpharane Co-op Credit Union Society Ltd 256

  35. Ramoloi Ipopeng Basotho Multi-Purpose Cooperative 259 Society Ltd 1225

  36. Mankoane Fobane Ipopeng Multi-Purpose Cooperative 270 Society Ltd

  37. Nena Tsoelang Pele Multi-Purpose Cooperative Society Ltd 290

  38. Lipapatlele Multi-Purpose Cooperative Society Ltd 316

  39. Tumo Thrift and Credit Coperative Society Ltd 337

  40. Ntloana-T√oana Multi-Purpose Cooperative Society Ltd 361

  41. Thabang Lipelaneng Thrift Credit Cooperative Society Ltd 365

  42. Matlakeng Thrift and Credit Cooperative Society Ltd 374

  43. Rapellang ’Mate Thrift and Credit Cooperative Society Ltd 375

  44. Mako Ntho Lia Iketsetsoa Multi-Purpose Cooperative 386 Society Ltd

  45. Levy’s Nek Kopanang Lihoai Multi-Purpose Ltd 415

  46. Kopanang Mathokoane Farmers Cooperative Society Ltd 428

  47. Thabang Likhaka Farmers Cooperative Society Ltd 429

  48. Malefiloane Consumer Cooperative Society Ltd 441

  49. Ipopeng Manka Farmers Cooperative Society Ltd 452

  50. Bolokoe Farmers Cooperative Society Ltd 457

  51. Nqechane Multi-Purpose Cooperative Society Ltd 460

  52. Tsikoane Agric Cooperative Society Ltd 463

  53. Bophelo Matlakeng Farmers Cooperative Society Ltd 471

  54. Litsilo Farmers Cooperative Society Ltd 474 1226

  55. Itjareng Pela T√oeu Farmers Cooperative Society Ltd 475

  56. Kolonyama Farmers Cooperative Society Ltd 486

  57. Setsabi Farmers Cooperative Society Ltd 495

  58. Likhetlane Handicrafts Cooperative Society Ltd 500

  59. Ithuteng Menkhoaneng Farmers Cooperative Society Ltd 512

  60. Malaoaneng Multi-Purpose Cooperative Society Ltd 519

  61. Tsoelopele Seshote Farmers Cooperative Society Ltd 531

  62. Leribe Horticulture Farmers Cooperative Society Ltd 562

  63. Ratanang Manka Handicrafts Cooperative Society Ltd 566

  64. Tsoha U Iketsetse Nqechane Handicrafts Society Ltd 567

  65. Mosiuoa Ipopeng Multi-Purpose Cooperative Society Ltd 223

  66. Litsehlo Sebipela Multi-Purpose Cooperative Sciety Ltd 228

  67. Mphe-Mphe Ea Lapisa Multi-Purpose Cooperative 236 Society Ltd

  68. Lower Pitseng Farmers Cooperative Society Ltd 233

  69. Mopeli Kopanang Multi-Purpose Cooperative Society Ltd 214

  70. Tlake Multi-Purpose Cooperative Society Ltd 247

  71. Litsukulu Multi-Purpose Cooperative Society Ltd 419

  72. Mocheko Farmers Cooperative Society Ltd 421

  73. Mohopung Farmers Piggery Cooperative Society Ltd 425

  74. Tsikoane Agricultural Cooperative Society Ltd 463 1227

  75. Lemang Pontseng Farmers Cooperative Ltd 480

  76. Likhorong Farmers Cooperative Society Ltd 481

  77. Itataiseng Farmers Cooperative Society Ltd 482

  78. Lit√episo Farmers Cooperative Society Ltd 487

  79. Boikhethelo Farmers Cooperative Society Ltd 477

  80. Mathula Farmers Cooperative Society Ltd 440

  81. T√epanang Leribe Credit Union Ltd 91

  82. Falimehang Basotho Farmers Cooperative Society Ltd 93

  83. Nahanang Basotho Multi-Purpose Cooperative Society Ltd MAFETENG DISTRICT (E) No. Names of Cooperative Society Registration No.

  84. Khothalang Phomolong Multi-Purpose Cooperative Society Ltd 18

  85. Sekoati-Ntja Cooperative Society Ltd 26

  86. Atamelang Ramarothole Cooperative Society Ltd 32

  87. Petlane Farmers Cooperative Society Ltd 33

  88. Makaota Multi-Purpose Cooperative Society Ltd 35

  89. Likupa Farmers Cooperative Society Ltd 36

  90. Lebentlele Raohang Basotho Multi-Purpose Cooperative Society Ltd 43

  91. Ntja-Peli Multi-Purpose Cooperative Society Ltd 44 1228

  92. Thaba-Chitja Farming Cooperative Society Ltd 45

  93. Majara Kopanang Lihoai Multi-Purpose Cooperative 80 Society Ltd

  94. Tlala Ke Sera Ribaneng Multi-Purpose Cooperative Society Ltd

  95. Itjareng Machoabola Multi-Purpose Cooperative Society Ltd 167

  96. Bana-Ba-Khoale Multi-Purpose Cooperative Society Ltd 168

  97. Ikopanyeng Lihanela Multi-Purpose Cooperative Society Ltd 171

  98. T√oaranang Ka Matsoho Makaota Multi-Purpose Ltd 187

  99. Itekeng Lihoai Motsekuoa Multi-Purpose Cooperative 188 Society Ltd

  100. Itekeng Manyareleng Multi-Purpose Cooperative Society Ltd 196

  101. Tsohang Basotho Matekeleng Multi-Purpose Cooperative Society Ltd 199

  102. Mphalatsane Multi-Purpose Cooperative Society Ltd 202

  103. Tieang Matla Makaota Multi-Purpose Cooperative 205 Society Ltd

  104. Ikopanyeng Maholi Cooperative Credit Union Ltd 16

  105. T√oaranang Ka Matsoho Marabe Multi-Purpose 125 Cooperative Society Ltd

  106. Luma Thrift and Credit Cooperative Society Ltd 331

  107. Itekeng Bolikela Thrift and Credit Society Ltd 333

  108. Itumeleng Makaota Thrift and Credit Society Ltd 346 1229

  109. Malea-Lea Thrift and Credit Society Ltd 362

  110. Mafeteng District Union Cooperative Society Ltd 398

  111. Naleli Thrift and Credit Society Ltd 399

  112. Boleka Farmers Cooperative Society Ltd 437

  113. Matholeng Farmers Cooperative Society Ltd 438

  114. Boiteko Mant√a-Tlala Farmers Cooperative Society Ltd 439

  115. Mathula Farmers Cooperative Society Ltd 440

  116. Litlali Farmers Cooperative Society Ltd 445

  117. Boluma-Tau Farmers Cooperative Society Ltd 446

  118. Lit√oeneng Farmers Cooperative Society Ltd 447

  119. Tieang Basotho Farmers Cooperative Society Ltd 449

  120. Hatelang-Pele Masemouse Farmers Cooperative Society Ltd 450

  121. Ntsie Mant√a-Tlala Farmers Cooperative Society Ltd 461

  122. Kopana Lifateng Handicraft Cooperative Society Ltd 462

  123. Itjareng Makaota Farmers Cooperative Society Ltd 488

  124. Sehlabo Farmers Cooperative Society Ltd 490

  125. Kopanang Sechaba Farmers Cooperative Society Ltd 494

  126. Khauhelo Khoro Handicraft Cooperative Society Ltd 509

  127. Matelile Farmers Cooperative Society Ltd 509

  128. Mafeteng Vegetable Produce Marketing Cooperative Society Ltd 511 1230

  129. Itekeng Lekoatsa Farmers Cooperative Society Ltd 513

  130. Mafeteng Tractor Owners Cooperative Society Ltd 542 DATED: THESELE ’MASERIBANE MINISTER OF SMALL BUSINESS DEVELOPMENT, COOPERATIVES AND MARKETING NOTE

  131. Act No. 6 of 2000 as amended 1231

LEGAL NOTICE NO. 93 OF 2021 Security Interest in Movable Property Act (Commencement) Notice, 2021 In exercise of the powers conferred on me by section 1 of the Security Interest in Movable Property Act, 2020 1 , I, THABO SOPHONEA Minister responsible for finance, appoint the 6th August, 2021 as the date on which the Security Interest in Movable Property Act, 2020 shall come into op￾eration. DATED: THABO SOPHONEA MINISTER OF FINANCE NOTE

  1. Act No. 12 of 2020 Printed by the Government Printer, P.O. Box 268, Maseru 100 Lesotho 1232