Revised Laws of Saint Lucia (2021)

145.   Taking control of the licensed financial institution or licensed financial holding company

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    (1)   The receiver shall have unrestricted access to and control over the offices, books of account and other records, and assets of the licensed financial institution or licensed financial holding company and its subsidiaries.

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    (2)   The receiver may request the assistance of police officers to gain access to the premises of the licensed financial institution or licensed financial holding company or control over the records of the licensed financial institution or licensed financial holding company.

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    (3)   The receiver shall secure the property, offices, books, records, and assets of the licensed financial institution or licensed financial holding company to seek to prevent their dissipation by theft or other improper action.

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    (4)   Any person who wilfully interferes with a receiver's access to or control over the offices, books of account and other records, and other assets of a licensed financial institution or licensed financial holding company commits an offence and is liable on summary conviction to a fine not exceeding $15,000 or imprisonment for a period not exceeding one year.