2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

6.   Dividend rate

The board of directors shall recommend to the annual general meeting the rate of dividends to be paid on shares and the annual general meeting may either approve the rate recommended by the board of directors or approve a lower rate such however that the annual general meeting shall not at any time approve a higher rate of dividends than that recommended by the board of directors.

(Substituted by S.I. 72/2001)