Revised Laws of Saint Lucia (2023)

• 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