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Revised Laws of Saint Lucia (2021)

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20. Audit

(1) The Authority shall within three months after the end of each financial year have the accounts of the Fund audited by an independent auditor appointed by the Authority who shall conduct the audit in accordance with generally accepted international auditing standards and provide the Authority with an audited financial statement and a report on the financial statement.

(2) The employees of the Authority shall grant to the auditor appointed under subsection (1), access to books, deeds, contracts, accounts, vouchers, or other documents in relation to the Fund which the auditor considers necessary.

(3) The auditor may require the employees of the Authority referred to under subsection (2) to appear, make a signed statement or provide information relating to the books, deeds, contracts, accounts, vouchers, or other documents in relation to the Fund as the auditor considers necessary.

(4) An employee who fails to comply with subsections (2) and (3) commits an offence and is liable on summary conviction to a fine not exceeding $10,000 or to a term of imprisonment not exceeding 2 years or to both.

2. Interpretation

3. Levying of development charge

4. Duty of carrier

5. Prohibition of boarding aircraft without payment of development charge

6. Liability of and recovery from carrier

7. Power to withhold clearance of aircraft from unpaid development charge

8. Payment of development charge to collector

9. Designation of collector

10. Functions of collector

11. Payment of development charge to the Authority

12. Debt service

13. Establishment of Airport Facility Development Fund

14. Administration of the Fund

15. Revenue of the Fund

16. Expenses of the Fund

17. Financial year of the Fund

18. Budget and plan of action

21. Annual report

22. Amendment of Schedule

23. Regulations