Revised Laws of Saint Lucia (2022)

• 1.   Short title

• 2.   Interpretation

• 3.   Establishment of Invest Saint Lucia

• 4.   Constitution of the Board

• 5.   Function of Invest Saint Lucia

• 6.   Powers of Invest Saint Lucia

• 7.   Powers of Minister

• 8.   General or special directions of Minister

• 9.   Seal of Invest Saint Lucia

• 10.   Duration of appointment

• 11.   Remuneration of members of the Board

• 12.   Temporary appointment

• 13.   Revocation

• 14.   Resignation

• 15.   Notification of appointment and termination in the Gazette

• 16.   Appointment of officers

• 17.   Procedure and meetings of the Board

• 18.   Disclosure by member of interest

• 19.   Signification of documents and decisions

• 20.   Appointment of Committee by the Board

• 21.   Power to delegate

• 22.   Pension scheme

• 23.   Validity of acts and proceedings

• 24.   Protection of members of the Board

• 25.   Application to special development areas

• 26.   Acquisition of land in special development areas

• 27.   Activities of Invest Saint Lucia in special development areas

• 28.   Relationship to Constituency Council

• 29.   Transfer of completed development works and services

• 30.   Acquisition of shares in development companies

• 31.   Appointment of directors to the Board of Directors of a development company

• 32.   Funds and resources of Invest Saint Lucia

• 33.   Borrowing, guaranteeing and accommodating powers

• 34.   Advances from Government

• 35.   Guarantee of borrowings

• 36.   Investments

• 37.   Application of funds and resources of Invest Saint Lucia

• 38.   Decisions of Invest Saint Lucia

• 39.   Cash deposit and payments

• 40.   Power to make rules

• 41.   Accounts and Audits

• 42.   Accounts to be tabled

• 43.   Power of Cabinet to transfer or divest property

• 44.   Attorney General's fiat

• 45.   Recovery of rent

• 46.   Forfeiture of lease

• 47.   Recovery of land illegally occupied

• 48.   Minutes receivable in evidence

• 49.   Exemption from stamp duty and other charges

• 50.   Exemption from income tax and import duties

• 51.   General penalty

• 52.   Regulations

• 53.   Repeal

• Schedule