2. Interpretation
In these Regulations—
“Act” means the Registered Agent and Trustee Licensing Act;
“accountant” means a person who is a member of the Institute of Chartered Accountants in Saint Lucia or any other person who is a member of another professional accounting association approved to be an accountant by the Minister;
“attorney-at-law” means a person who has been admitted as a barrister under section 2 of the Legal Profession Act;
“chartered secretary” means a person who is an associate or fellow of the Institute of Chartered Secretaries and Administrators in the United Kingdom;
“licence” means a licence granted under section 6 of the Act;
“qualified trust practitioner” means a person who is—
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(a) a fellow of the Chartered Institute of Bankers of the United Kingdom;
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(b) an associate of Chartered Institute of Bankers of the United Kingdom who holds the Diploma in Trust and Estate Practice;
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(c) a full member of the Society of Trust and Estate Practitioners of the United Kingdom; or
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(d) a person who, to the satisfaction of the Minister, possesses a minimum of 12 years managerial experience whether gained in the international financial services industry or otherwise;
“registered agent” means a person granted a licence and permitted to act as a registered agent under section 6 of the Act;
“registered trustee” means a person granted a licence and permitted to act as a registered trustee under section 6 of the Act.