Revised Laws of Saint Lucia (2022)

93.   Precedent partner of partnership

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    (1)   Every partnership carrying on business in Saint Lucia shall at all times be represented by a resident individual who shall be—

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      (a)     the precedent partner; or

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      (b)     if no acting partner is resident in Saint Lucia, the agent of the partnership in Saint Lucia.

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    (2)   The precedent partner shall be the person who, being an acting partner resident in Saint Lucia—

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      (a)     is first named in the partnership agreement;

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      (b)     if there is no partnership agreement, is specified by name or initial singly or with precedence to the other partners in the usual name of the partnership,

or, in any case where neither paragraph (a) or (b) is applicable, such other partner as is specified by the partnership.

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    (3)   Every partnership shall notify the Comptroller of the name of the precedent partner, or, if there is no acting partner resident in Saint Lucia shall appoint and notify the Comptroller of the name of its agent in Saint Lucia—

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      (a)     if it is carrying on business at the commencement of this Act, within 2 months after such commencement; or

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      (b)     if it begins to carry on business after the commencement of this Act, within one month after the commencement of business.

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    (4)   Every partnership shall within the period specified in subsection (3) appoint an address for service of notice.

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    (5)   Every change of precedent partner or agent of the partnership or of address for service of notices shall be notified to the Comptroller within 15 days of such change.

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    (6)   The precedent partner or agent, as the case may be, shall be answerable for the doing of all such things as are required under this Act to be done by the partnership of which he or she is the representative and in case of default he or she is liable to the same penalties.

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    (7)   Everything done by the precedent partner or the agent, as the case may be, which he or she is required to do in his or her representative capacity is considered to have been done by the partnership, and any notice given to or request made upon the precedent partner or the agent is considered to have been given to or made upon the partnership.