Revised Laws of Saint Lucia (2021)

21.   Revocation

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   (1)   The Minister may revoke a licence if—

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      (a)     the licensee or a person controlling the licensee is declared bankrupt or is liquidated or wound-up;

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      (b)     the licensee or any person controlling the licensee is convicted of any crime involving theft, deceit or abuse of trust;

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      (c)     there is a failure of the licensee to rectify the matter or matters causing the suspension of the licensee's licence within a reasonable time, and in any event, in not more than 30 days, following a suspension under section 20;

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      (d)     the licensee is carrying on, or has carried on, its business in a manner detrimental to the public interest.

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      (e)     the licensee is beneficially owned directly or indirectly by a person who is not—

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         (i)     of sound reputation,

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         (ii)     solvent, or

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         (iii)     a fit and proper person; or

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      (f)     the licensee has failed to comply with section 17.

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   (2)   The Minister shall, before he or she revokes a licence—

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      (a)     suspend the licence;

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      (b)     give the licensee written notice of the suspension pending revocation and the grounds on which he or she intends to do so;

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      (c)     afford the licensee an opportunity to make written objections within 30 days after the mailing of the notice; and

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      (d)     take any objections made by the licensee under subparagraph (c) into consideration,

and, if the Minister decides to revoke a licence, the Minister shall cause the documents revoking the licence to be served on the licensee.

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   (3)   Section 20(7) to 20(10) applies to a suspension made under subsection (2);

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   (4)   The revocation of a licence takes effect on the date of service on the licensee of the document revoking the licence.

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   (5)   The Director shall publish notice of the revocation of a licence in the Gazette.