Revised Laws of Saint Lucia (2021)

2143.   Authorised investments

A trustee may invest any trust funds in his or her hands, whether at the time in a state of investment or not, in manner following, that is to say:—

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    (a)     in any securities in which trustees in England are for the time being authorised by the law of England to invest trust funds;

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    (b)     in any securities the interest on which is for the time being guaranteed by the Imperial Parliament or by the Government of Saint Lucia, or in any public debentures issued under the authority of and guaranteed by any Ordinance in force in Saint Lucia ;

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    (c)     on the purchase of immovable property in Saint Lucia held as owner absolutely by the vendor;

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    (d)     on first privilege or first mortgage on immovable property in Saint Lucia;

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    and may also from time to time vary any such investment.