On his or her appointment, a liquidator shall—
(a) immediately give notice of his or her appointment—
(i) in the case of a liquidator not appointed by the Registrar, to the Registrar, and
(ii) to each claimant and creditor known to the liquidator;
(b) immediately publish notice of his or her appointment in the Gazette and once a week for 2 consecutive weeks in a newspaper printed and published in Saint Lucia;
(c) set out in the notice mentioned in paragraphs (a) and (b) a provision requiring any person—
(i) indebted to the society, to render an account and pay to the liquidator at the time and place specified,
(ii) possessing property of the society, to deliver it to the liquidator at the time and place specified, and
(iii) having a claim against the society, whether liquidated, unliquidated, future or contingent, to present particulars of the claim in writing to the liquidator not later than 2 months after the first publication of the notice;
(d) take into his or her custody and control the property of the society;
(e) open and maintain a trust account for the moneys of the society;
(f) maintain separate lists of the members, creditors and other persons having claims against the society;
(g) where at any time he or she determines that the society is unable to pay or adequately provide for the discharge of its obligations, apply to the Registrar for directions; and
(h) deliver to the Registrar and the society, at least once in every 12 month period after his or her appointment or as often as the Registrar may require, financial statements of the society in the form required in section 124 or in any form that the liquidator considers proper or that the Registrar may require.