Revised Laws of Saint Lucia (2021)

4.   Financial Provisions for giving effect to the Bank Agreement

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    (1)   All sums required to be paid by the Government for the purpose of meeting the obligations of Saint Lucia under the Bank Agreement are hereby charged on and shall be paid out of the Consolidated Fund.

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    (2)   The Minister may, if he or she thinks fit, create and issue to the Bank any such non-negotiable and interest-bearing notes and other obligations as are provided for by paragraph 5 of Article 7 of the Bank Agreement and sums payable under such notes or obligations so created and issued shall be charged on and paid out of the Consolidated Fund.

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    (3)   Any sums received by the Government from the Bank under the Bank Agreement shall be paid into the Consolidated Fund.