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Revised Laws of Saint Lucia (2022)

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22. Audit

(1) The Board shall, with the approval of the Minister, within one month after each financial year appoint an independent auditor.

(2) An auditor appointed under subsection (1) may be reappointed for 2 additional terms.

(3) An independent auditor appointed under subsection (1), shall conduct the audit in accordance with generally accepted international auditing standards.

(4) The Board shall grant to the auditor appointed under subsection (1) access to all books, deeds, contracts, accounts, vouchers, or other documents which the auditor may consider necessary and the auditor may require the person holding or accountable for such document to appear, make a signed statement or provide such information in relation to the document as the auditor considers necessary.

3. Act binds the Crown

4. Establishment of Board

5. Constitution of Board

6. Disqualification

7. Functions of Board

8. Powers of Board

9. Acting member

10. Resignation

11. Revocation of appointment

12. Publication of names of members

13. Procedure for meetings

15. Protection of members

16. Disclosure of interest

17. Remuneration of members

18. Expenses of the Board

19. Financial year of the Board

20. Budget and plan of action of the Board

23. Auditor's report

24. Annual report

25. Establishment of Unit

26. Constitution of Unit

27. Functions of Unit

28. Chief Executive Officer

29. Staff of the Unit

30. Application

32. Proof of financial resources

33. Saint Lucia National Economic Fund

34. Due diligence checks

35. Report to Board

39. Publication of information

31. Authorised agent

33. (Repealed by Act 18 of 2019)

37. Request for review where an application for citizenship has been denied

38. Revocation of citizenship by investment

2. Interpretation

36. Approval, denial or delay of application

40. Regulations

Citizenship by Investment Regulations – Section 40