2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

66.   Withholding a transfer or subsidy

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    (1)   An accounting officer may withhold a transfer or subsidy, with the approval of the responsible Minister, if—

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      (a)     he or she is satisfied that conditions attached to the transfer or subsidy have not been met;

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      (b)     financial assistance is no longer needed;

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      (c)     the agreed objectives have not been achieved;

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      (d)     the transfer or subsidy does not provide value for money in relation to the objective.

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    (2)   A Government Agency may not transfer funds to an entity outside the Government, other than in accordance with the Appropriation Act.