Revised Laws of Saint Lucia (2021)

10.   Power to seize chattels

Personal chattels assigned under a bill of sale made or given by way of security for the payment of money is not liable to be seized or taken possession of by the grantee for any other than the following causes—

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   (a)     if the grantor makes default in payment of the sum or sums of money thereby secured at the time therein provided for payment, or in the performance of any covenant or agreement contained in a bill of sale to which this section applies and necessary for maintaining the security;

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   (b)     if the grantor becomes a bankrupt, or suffers the said goods or any of them to be distrained for rent, rates or taxes;

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   (c)     if the grantor fraudulently either removes or suffers the said goods, or any of them, to be removed from the premises;

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   (d)     if the grantor, without reasonable excuse, upon demand in writing by the grantee, fails to produce to him or her his or her last receipts for rent, rates and taxes;

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   (e)     if the execution has been levied against the goods of the grantor under any judgment at law.

However, the grantor may, within 5 days from the seizure or taking possession of any chattels on account of any of the above-mentioned causes, apply to the High Court or to a judge in chambers, and such court or judge if satisfied that by payment of money or otherwise the said cause of seizure no longer exists, may restrain the grantee from removing or selling the said chattels, or may make such other order as may seem just.