Revised Laws of Saint Lucia (2021)

111.   Responsibility for deceiving statements and obstruction of audit or authorised examination

Any director, officer, secretary, employee or agent of a licensed financial institution or licensed financial holding company who —

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    (a)     with intent to deceive —

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      (i)     makes any false or misleading statement or entry,

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      (ii)     omits any statement or entry that should be made in any book, account, report or statement of the licensed financial institution or licensed financial holding company; or

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    (b)     obstructs or endeavours to obstruct —

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      (i)     the proper performance by an auditor of his or her duties in accordance with the provisions of this Act, or

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      (ii)     a lawful examination of the licensed financial institution or licensed financial holding company by a duly authorised examiner appointed by the Central Bank,

commits an offence and is liable on summary conviction to a fine not exceeding $15,000 or to imprisonment for a term not exceeding 2 years or to both such fine and imprisonment.