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Revised Laws of Saint Lucia (2022)

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21. Power to delegate

Subject to the provisions of this Act, the Board may delegate to any member of the Board or Committee of the Board the power and authority to carry out on its behalf such duties as the Board determines.

21. Power to delegate

2. Interpretation

3. Establishment of Invest Saint Lucia

4. Constitution of the Board

5. Function 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

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

23. Validity of acts and proceedings

24. Protection of members of the Board

25. Application to special development areas

27. Activities of Invest Saint Lucia in special development areas

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

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

26. Acquisition of land in special development areas

28. Relationship to Constituency Council

6. Powers of Invest Saint Lucia

22. Pension scheme

35. Guarantee of borrowings