Revised Laws of Saint Lucia (2023)

• 1.   Short title

• 2.   Interpretation

• 3.   Non-application

• 4.   Competent Authority

• 5.   Function of the Competent Authority

• 6.   Delegation by the Competent Authority

• 7.   Power to require the production of information

• 8.   Power to enter premises to obtain information

• 9.   Power to declare a relevant entity

• 10.   Power to exempt a relevant entity

• 11.   Requirements for economic substance

• 12.   Core income-generating activities

• 13.   Economic substance return

• 14.   Assessment by the Competent Authority

• 15.   Notice to comply

• 16.   Failure to adhere to notice to comply

• 17.   Failure to adhere to notice to comply in a subsequent year of income

• 18.   Appeal

• 19.   Avoidance

• 20.   Confidential information

• 21.   Secrecy

• 22.   Indemnity against liability for acts done

• 23.   Amendment of Schedule

• 24.   Guidelines

• 25.   Regulations

• Schedule

• 11A.   Investigative powers of the competent authority

• 18A.   Provision of false information

• Schedule 1

• Schedule 2