(1) A person shall not carry on any aspect of the business of international financial services representation, directly or indirectly, in or from Saint Lucia unless that person is granted and holds a valid licence to do so under this Act.
(2) Unless otherwise prohibited in whole or in part by this Act, a licensee, may hold one or more other licences or authorisations to conduct businesses or professions other than the business of international financial services representation, but any such other licences or authorisations must be disclosed in the application for a licence under this Act.