Revised Laws of Saint Lucia (2022)

8.   Powers of the Corporation

The Corporation shall have the following powers

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   (a)     to acquire, hold, purchase, lease, possess and enjoy any lands and hereditaments whatsoever, absolutely or for any other estates or interests therein, and all other property, real or personal;

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   (b)     to give, grant, let, charge, improve, manage, assign, dispose of, turn to account or develop, exchange, lease, mortgage, sell, convey or otherwise deal with all or any of the property both present and future, so held or vested or any part thereof;

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   (c)     to borrow, raise, or secure the payment of money in such manner as may be thought fit and in particular by the issue of debentures or script charged upon all or any of the property, both present and future, held by or vested in the Corporation and to redeem and pay off any such securities;

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   (d)     to appoint a person or persons as the attorney or attorneys of the Corporation either generally or for a limited period and for such purposes and with such powers as may be stated in the power of attorney and to revoke any such appointment.