Revised Laws of Saint Lucia (2023)

• 1.   Short title

• 2.   Interpretation

• 3.   Requirement for licence or registration

• 4.   Registration of international private mutual fund

• 5.   Name of international private mutual fund

• 6.   Application for and grant of international public mutual fund licence

• 7.   Name of international public mutual fund

• 8.   Offering document

• 10.   Limitation of action

• 11.   Annual fee

• 12.   Requirement for international public mutual fund administrator licence

• 13.   Application for and grant of international public mutual fund administrator licence

• 14.   Name of administrator

• 15.   Restriction on issue

• 16.   Annual fee for administrator

• 17.   Direction to increase capital value

• 18.   Notice

• 19.   Misrepresentation as administrator

• 20.   Notification

• 21.   Number of directors

• 22.   Compliance by administrator

• 23.   Requirement for international public mutual fund manager licence

• 24.   Application for and grant of international public mutual fund manager

• 25.   Name of manager

• 26.   Restriction on issue

• 27.   Annual fee for manager

• 28.   Direction to increase capital value

• 29.   Reputation of promoter

• 30.   Notice

• 31.   Misrepresentation as manager

• 32.   Notification

• 33.   Number of directors

• 34.   Compliance by manager

• 35.   Audited accounts for international public mutual fund licensee

• 36.   Duties of Director relating to international public mutual fund licensee

• 37.   Access to information relating to international public mutual fund licensee

• 38.   Penalties for breach of section 3(1)

• 39.   Unregulated international public mutual funds

• 40.   Audited accounts for administrator

• 41.   Duties of Director relating to administrator

• 42.   Access to information relating to administrator

• 43.   Information for breach of section 12

• 44.   Unlicensed persons acting as administrator

• 45.   Audited accounts for manager

• 46.   Duties of Director relating to manager

• 47.   Access to information relating to manager

• 48.   Information for breach of section 23

• 49.   Unlicensed person acting as manager

• 50.   Power of Director over international private mutual fund

• 51.   Power of Minister over international public mutual fund licensee

• 52.   Power of Minister over administrator or manager

• 53.   Secrecy

• 54.   Appeal

• 55.   Obligation of auditors

• 56.   Offences triable on indictment

• 57.   Indemnity

• 58.   Exemption from compliance with Trade Licensing Act and Securities Act

• 59.   Exemption from other enactmentss

• 60.   Regulations

• 9.   Rights of investors