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Revised Laws of Saint Lucia (2023)

Back to Revised Laws of Saint Lucia (2023)

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10. Responsibilities of the Authority

The Authority is responsible for the policy and general administration of the affairs and business of the Authority.

10. Responsibilities of the Authority

1. Short title and commencement

3. Establishment of the Authority

6. Chairperson and Deputy Chairperson

9. Advisory committees

11. Objects of the Authority

12. Regulation of own procedures and other powers of the Authority

14. Core guiding principles

16. Meetings of the Board

18. Protection from liability

19. Declaration of interest and abstention from voting

20. Duration of appointment

21. Resignation

24. Remuneration

25. Expenses of the Authority

26. Financial year, budget and plan of action

29. Annual report

31. Publication by the Authority

32. Exemption from taxes etc.

33. Reporting by regulated entities

35. Prohibition on advertising likely to mislead

36. Disclosure and access to books and records and examination by Authority

40. Fee for late filing

42. General penalty

43. Amendment of enactments

44. Additional powers of the Authority

46. Amendment of Schedules

47. Regulations

2. Interpretation

5. Board of the Authority

7. Executive Director

13. Powers, duties and functions of the Authority

15. Power to issue guidelines

34. Auditing requirements

41. Debt due to the Authority

48. Transitional

17. Oath of secrecy and confidentiality

30. Power to delegate functions or powers

37. Authority's powers and measures for preventing adverse consequences

38. Exchange of information