2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

54.   Requirements of payment instruments

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    (1)   A payment instrument must—

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      (a)     contain the particulars of each service, such as, dates, numbers, quantities, distances, and rates to enable a payment instrument to be checked without reference to any other document;

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      (b)     specify—

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        (i)     the amount of the payment in figures and words,

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        (ii)     the appropriate authority for expenditure or payment,

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        (iii)     in the case of non-appropriated items, the budget classification of the Estimates;

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      (c)     except as provided in regulation 55, be written and signed;

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      (d)     be supported by—

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        (i)     the required certificates and endorsement,

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        (ii)     a claim, an invoice, or other relevant document.

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    (2)   For the purposes of subregulation (1)(c) —

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      (a)     an electronic signature can be used to sign a payment instrument;

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      (b)     except as authorized under regulation 55, a stamped facsimile signature cannot be used to sign a payment instrument.

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    (3)   The original of each payment instrument must be signed by an accounting officer or his or her delegate.

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    (4)   A copy of a payment instrument must be initialled by an accounting officer or his or her delegate and clearly marked “copy not for payment”.