Revised Laws of Saint Lucia (2022)

• 1.   Short title

• 2.   Interpretation

• 3.   Application

• 4.   Requirement for registration

• 5.   Effect of failing to continue to satisfy requirements of registration

• 6.   Registrar

• 7.   Register

• 8.   Procedure for forming an international general partnership

• 9.   Registration of international general partnership and issuance of certificate

• 10.   Amendment of the memorandum and articles of international general partnership

• 11.   Name

• 12.   Servation of name

• 13.   Liability for false statements in memorandum

• 14.   Procedure for forming an international limited partnership

• 15.   Registration of international general partnership and issuance of certificate

• 16.   Amendment of the memorandum and articles of international limited partnership

• 17.   Name

• 18.   Reservation of name

• 19.   Liability for false statements in memorandum

• 20.   Relationships not international partnership

• 21.   Restrictions on international partnerships

• 22.   Nature of international partner's interest in international partnership

• 23.   Nature of international partnership

• 24.   Object of international partnership

• 25.   Registered agent and registered office

• 26.   Power of international partner to bind the international partnership

• 27.   International partners bound by acts on behalf of international partnership

• 28.   International partner using credit of international partnership for private purposes

• 29.   Effect of notice that international partnership will not be bound by acts of international partner

• 30.   Liability of international partners for debts and obligations

• 31.   Liability of the international partnership for wrongs

• 32.   Misapplication of money or property received for or in custody of the international partnership

• 33.   Requirement for registrationliability of international partners for wrongs

• 34.   Improper employment of trust property for international partnership

• 35.   Persons liable by “holding out”

• 36.   Admissions and representations of international partners

• 37.   Notice to acting international partner to be notice to the international partnership

• 38.   Liabilities of incoming and outgoing international partners

• 39.   Revocation of continuing guarantee by change in international partnership

• 40.   Variation by consent of terms of international partnership

• 41.   International partnership property

• 42.   Property bought with international partnership money

• 43.   International partnership property treated as personal or movable estate

• 44.   Procedure against international partnership property for an international partner's separate judgment debt

• 45.   Rules as to interests and duties of international partners subject to special agreement

• 46.   Expulsion of international partner

• 47.   Retirement from international partnership at will

• 48.   Continuance of old terms presumed

• 49.   Duty of international partners to render accounts, etc.

• 50.   Accountability of international partners for private profits

• 51.   Duty of international partner not to compete with international partnership

• 52.   Rights of assignee of share in international partnership

• 53.   Dissolution by expiration or notice

• 54.   Dissolution by bankruptcy, death or charge

• 55.   Dissolution by illegality

• 56.   Dissolution by the court

• 57.   Rights of persons dealing with international partnership against apparent international partners of international partnership

• 58.   Right of international partners to notify dissolution

• 59.   Continuing authority of international partners for purposes of winding-up

• 60.   Rights of international partners as to application of international partnership property

• 61.   Apportionment of premium where international partnership prematurely dissolved

• 62.   Rights where international partnership dissolved for fraud or misrepresentation

• 63.   Right of outgoing international partner in certain cases to share profits made after dissolution

• 64.   Retiring or deceased international partner's share to be a debt

• 65.   Rule for distribution of assets on final settlement of accounts

• 66.   Contribution

• 67.   Liability of international limited partner to third parties

• 68.   Admission of additional international limited partners

• 69.   Rights, powers and liabilities of an international general partner

• 70.   Rights of an international limited partner

• 71.   Status of person erroneously believing himself or herself to be an international limited partner

• 72.   One person both international general and international limited partner

• 73.   Loans and other business transactions with international limited partner

• 74.   Relation of international limited partners inter se

• 75.   Compensation of international limited partner

• 76.   Withdrawal or reduction of international limited partner's contribution

• 77.   Liability of international limited partner to international limited partnership

• 78.   Assignment of international limited partner's interest

• 79.   Admission as a substituted international limited partner

• 80.   Effect of retirement, death, incapacity or bankruptcy of an international general partner

• 81.   Death of international limited partner

• 82.   Rights of creditors of international limited partner

• 83.   Distribution of assets

• 84.   Service of notice on international partners

• 85.   Service of process, etc., on international limited partnership

• 86.   Records

• 87.   Register of contributions

• 88.   Registered agent desiring to resign

• 89.   Powers of international general partners in the event of dissolution

• 90.   Duties of liquidator

• 91.   Powers of liquidator

• 92.   Procedure on winding-up and dissolution

• 93.   Rescission of dissolution

• 94.   Winding-up and dissolution of international limited partnership unable to pay claims, etc.

• 95.   Winding-up where dissolution ordered by the court

• 96.   Annual registration fees

• 97.   Fees generally

• 98.   International partnership struck off liable for fees, etc.

• 99.   Recovery of penalties

• 100.   Fees payable to registrar

• 101.   Exemptions from tax, etc.

• 102.   Form of certificate

• 103.   Certificate of good standing

• 104.   Inspection and copies of documents

• 105.   Appointment and duties of inspector

• 106.   Minister's power to require production of documents

• 107.   Privileged information

• 108.   Provision for security of information obtained

• 109.   Declaration by the court

• 110.   Application of international business companies act

• 111.   Judge in chambers

• 112.   Time for prosecution

• 113.   General penalty

• 114.   Regulations

• Schedule

• 9.   (Repealed by Act 14 of 2018)

• 12.   Reservation of name

• 14.   (Repealed by Act 14 of 2018)

• 15.   (Repealed by Act 14 of 2018)

• 33.   Requirement for registration Liability of international partners for wrongs