(1) If all assets have been distributed in accordance with the provisions of this Act, the liquidator shall render an audited account to the Court for approval.
(2) Upon approval of the audited account under subsection (1)—
(a) the name of the licensee shall be struck off from the list of licensees in Saint Lucia;
(b) the Registrar of the Court shall be notified;
(c) the liquidator shall be relieved of any liability in connection with the liquidation;
(d) the liquidation and dissolution of the licensee shall be declared by the Court; and
(e) the Registrar of the Court shall proceed to terminate the judicial existence of the licensee.