Revised Laws of Saint Lucia (2021)

5.   Determination by Cabinet

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   (1)   Upon receipt of an application, supporting information and any further information under sections 3 and 4, the Minister shall submit the application to Cabinet for its decision.

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   (2)   Where Cabinet grants an application under this section, the decision of Cabinet shall—

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      (a)     declare the accommodation project to be a cricket world cup accommodation product; and

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      (b)     specify—

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         (i)     the tax reliefs and exemptions granted,

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         (ii)     the termination dates for the tax reliefs and exemptions granted,

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         (iii)     the time frames for completion of the accommodation project and implementation of the cricket world cup to accommodation product,

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         (iv)     the condition that the cricket world cup accommodation must be used as accommodation for visitors to Saint Lucia during Cricket World Cup 2007,

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         (v)     the condition that the tax reliefs and exemptions granted are not to take effect unless approval in principle has been granted for the accommodation project, and

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         (vi)     any other conditions as it deems necessary.

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   (3)   The Minister shall inform the applicant in writing of the decision of Cabinet and the decision shall take effect as of the date of the Minister's letter.