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Revised Laws of Saint Lucia (2022)

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12. Exemptions and Regulations

The Minister may—

(a) by order exempt from the provisions of this Act any insurance company which has entered into any insurance arrangements with a co-operative society or a statutory authority or credit union where he or she considers it just and desirable so to do;Editor's note: The following companies have been exempted from the provisions of this Act by statutory instrument 58/2000: CUNA Caribbean Insurance Society Ltd., CUNA Mutual Insurance Society Ltd., CUMIS Insurance Society Ltd.

(b) make regulations for the carrying out of the provisions of this Act.

(Substituted by Act 5 of 1990)

12. Exemptions and Regulations

2. Interpretation

3. Tax on income premium of insurance companies

4. Rates of tax payable by life insurance business

5. Rates of tax payable by general insurance business

6. Time tax payable

8. Registration of Company

9. Keeping of records

10. Examination and ancillary powers

11. Application of certain provisions of the Income Tax Act