Revised Laws of Saint Lucia (2023)

23BB.   Functions of a trustee relating to an in rem recovery order

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    (1)   The functions of a trustee are—

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      (a)     to secure the detention, custody or preservation of recoverable property vested in him or her by the Court;

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      (b)     to realize the value of the recoverable property for the benefit of the Attorney General;

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      (c)     to otherwise give effect to the recovery order; and

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      (d)     to perform any other functions conferred on him or her under this Part.

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    (2)   In performing his or her functions, a trustee acts on behalf of the Attorney General and shall comply with any directions given to him or her by the Attorney General.

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    (3)   A trustee shall realize the value of property vested in him or her by the in rem recovery order, so far as practicable, in the manner best calculated to maximize the amount payable to the Attorney General.

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    (Inserted by Act 18 of 2023)