ACT
(Acts 37 of 1999, 2 of 2000, 17 of 2001 and 5 of 2012)
Act 37 of 1999 .. in force 26 January 2000 (S.I. 8/2000)
Amended by Act 2 of 2000 .. in force 26 January 2000
Amended by Act 17 of 2001 .. in force 8 September 2001
Amended by Act 5 of 2012 .. in force 20 October 2012
ARRANGEMENT OF SECTIONS
PART 1
PRELIMINARY
| 1. | Short title |
| 2. | Interpretation |
| 3. | Corporate relationships |
PART 2
LICENCES
| 4. | Requirement for licence |
| 5. | Application for and prohibition on grant of a licence |
| 6. | Grant of licence |
| 7. | Duration and renewability |
| 8. | Display |
| 9. | Changes |
| 10. | Surrender |
PART 3
SUPERVISION
| 11. | Director |
| 12. | Advisers |
| 13. | Delegation by Director |
| 14. | Delegation by Minister |
| 15. | Functions of Director |
| 16. | Restriction on use of certain terms |
| 17. | Prohibited names |
| 18. | Duties of licensee |
| 19. | Audited accounts |
PART 4
PENALITIES
| 20. | Suspension |
| 21. | Revocation |
| 22. | Disqualification |
| 23. | Appeals |
PART 5
POWERS OF SEARCH
PART 6
MISCELLANEOUS
| 25. | Insurance |
| 26. | Confidentiality |
| 27. | Immunity |
| 28. | General penalty |
| 29. | Existing business |
| 30. | Regulations |
AN ACT to make provision for licensing and regulation of international financial services representation, which includes acting as a registered agent for international business companies or as a trustee of registered trusts in Saint Lucia.
Commencement [26 January 2000]