(1) For the purposes of section 12 of the Act, an eligible company may deposit or invest the applicable sum by any of the following methods—
(a) treasury bills issued by the Government of Saint Lucia;
(b) bonds and debentures issued by the Government of Saint Lucia;
(c) deposits with the Saint Lucia Development Bank;
(d) deposits with a bank licensed under the Banking Act; or
(e) deposits with a financial institution approved by the Minister.
(2) An eligible company shall provide an undertaking in writing not to dispose of, pledge, hypothecate, release or otherwise encumber the deposit or investment made under section 12 of the Act without prior notification and approval by the Minister.