2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

4.   Due diligence

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    (1)   The Board shall, with the approval of the Minister, appoint persons with the requisite qualification and experience to become due diligence service providers for the purposes of the Citizenship by Investment Programme.

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    (2)   An appointment under sub-regulation (1) shall be on contract on such terms and conditions as may be agreed to by the parties.

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    (3)   The names of the approved due diligence persons or bodies shall be published by the Board in the Gazette.

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    (4)   Due diligence fees as set out in paragraph 3 of Schedule 1, shall be charged separately from the Citizenship by Investment Programme processing and administration fees.