(1) A person may make an application to the Board for investment by Government through the Fund in a Government approved capital project.
(2) An application under subsection (1) must be in writing and be accompanied with information relating to the Government approved capital project.
(3) The Saint Lucia National Economic Fund Board may, after consultation with Cabinet, grant or refuse an application under subsection (1).
(4) In deciding the grant or refusal of an application, the Board shall, after consultation with Cabinet, consider the credentials of the person and the information relating to the Government approved capital project.
(5) The Board may, after consultation with Cabinet, grant an investment in exchange for a percentage of shares or other comparable benefit.