Revised Laws of Saint Lucia (2021)

12.   Loans, mortgages and advances

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    (1)   The Board shall not, without the prior approval of the Governor General, borrow any sum of money, or mortgage or pledge its assets.

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    (2)   The Governor General or the Minister of Finance may by warrant under their hand with the approval of the House of Assembly, authorise the Accountant General to make advances to the Board in such sums and on such terms and conditions as the Governor General may think fit for the purpose of the Act.