(1) Every person in Saint Lucia by whom or to whose order (whether directly or indirectly) any gold or any specified currency in the form of notes is held in Saint Lucia but who is not entitled to sell it or procure its sale shall notify the Director of Finance and Planning in writing that he or she so holds that gold or currency.
(2) The Director of Finance and Planning may direct any person in Saint Lucia by whom or to whose order (whether directly or indirectly) any gold or any specified currency in the form of notes is held in Saint Lucia whether or not he or she is entitled to sell it or procure its sale, to cause that gold or currency to be kept at all times in the custody of such banker as may be specified in the direction.