(1) Where a memorandum is submitted to the Registrar pursuant to section 14, the Registrar shall on payment of the prescribed fee register the memorandum and shall issue a certificate of international limited partnership pursuant to the Registrar's hand and seal certifying that the international limited partnership is formed in Saint Lucia as an international limited partnership if the Registrar is satisfied that —
(a) there is or will be in existence a partnership having regard to the rules specified in the Schedule; and
(b) the international limited partnership complies or will comply with the provisions of this Act, the Regulations and any other law in force in Saint Lucia relating to international limited partnerships.
(2) Upon the issue by the Registrar of a certificate of international limited partnership the international limited partnership is from the date shown on the certificate of international limited partnership an international limited partnership in the name specified in the memorandum.
(3) A certificate of international limited partnership issued by the Registrar pursuant to this section is prima facie evidence of compliance with all requirements of this Act with respect to the formation of the international limited partnership named in the certificate of international limited