Revised Laws of Saint Lucia (2021)

20.   Appointment of Committee by the Board

  1.  

    (1)   The Board may appoint a Committee to examine and report to it on any matter whatsoever arising out of or connected with any of its powers and duties under this Act.

  1.  

    (2)   Any Committee appointed under subsection (1) shall consist of at least one member of the Board together with such other persons, whether members of the Board or not, whose assistance or service Invest Saint Lucia desires.

  1.  

    (3)   Where persons not being members of the Board are members of a Committee appointed under this section, or where any person is co-opted under section 17(8), the Board may with the approval of the Minister by resolution declare the remuneration and allowance of such persons, and such sums are properly payable out of the funds and resources of Invest Saint Lucia.

  1.  

    (4)   The Board may by resolution reject the report of any Committee appointed under subsection (1) or adopt it either wholly or with such modification, additions or adaptations, as the Board thinks fit.