Revised Laws of Saint Lucia (2021)

4.   Loans to be charged on General Revenues and assets

There are hereby charged on and shall be payable out of the general revenues and assets of the State—

  1.  

    (a)     all amounts required for the repayment of any sums borrowed under the powers conferred by section 3 and all interest and other charges on such sums;

  1.  

    (b)     all amounts required for repayment to the Treasury of the United Kingdom, with interest at such rate as the said Treasury may fix, of any sum issued under the Colonial Loans Act 1949 (as amended) of the United Kingdom on account of any guarantee under that Act of any sums borrowed under the powers conferred by section 3.

(Inserted by Act 6 of 1977)