/

/

/

/

/

2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

Back to Revised Laws of Saint Lucia (2023)

Back to Table of Contents

26. Interest rate applicable to direct loans

(1) The interest rate that is applicable to loans made under this Part shall be determined by the Authority, and published in the Gazette not less frequently than semi-annually.

(2) In determining the interest rate the Authority shall fix a rate that is not less than the current rate obtainable by Government for long term borrowings by Government, and the Authority may fix a rate that exceeds such rate by not more than 1%, which excess shall constitute a servicing fee in the hands of the Authority.

(3) In order to encourage home ownership by persons in the Public Service of Saint Lucia, and by persons in receipt of below average family incomes, and in furtherance of any rental-mortgage and aided-self-help housing programmes, the Authority may, with the approval of the Minister, establish interest rates lower than those prescribed in subregulation (1) above, but such rate shall not be more than 2 ½% below the rate so prescribed.

(4) A service charge shall not be made by the Authority with respect to any loan which qualifies for a reduced interest rate as provided in subregulation (3).

26. Interest rate applicable to direct loans

45. Short title

2. Interpretation

3. Establishment of the Corporation

4. Board of Directors

5. Procedure and meetings of Board

6. Conflict of interest

7. Disclosure of interest and abstention from voting

8. Remuneration of members

9. Appointment of Managing Director

10. Appointment of staff

11. Establishment and maintenance of pension scheme

12. Appointment of committees

13. Service of notices

14. Protection of Corporation and its officers

15. Power of Minister to issue directions

16. Functions of Corporation

17. Powers of Corporation in relation to unfit building

18. Powers of Corporation in relation to abandoned objects

19. Power to make arrangements

20. Power to secure settlement clearance

21. Duty to secure redevelopment

22. Plans to be sent to the Minister

23. Local body affected by scheme to be notified

24. Approval of scheme by Minister

25. Notification of approval of scheme

26. Corporation to implement scheme

27. Slum clearance and re-development by owner of land and buildings

28. Demolition order

29. Use of land under demolition order

30. Power of Corporation to seek information

31. Acquisition of property by Corporation

32. Assessment of compensation

33. Power to pay allowances to displaced persons

34. Funds and resources of Corporation

35. Application and investment of funds

36. Accounts and audit

37. Annual report

38. Borrowing powers

39. Guarantee of borrowings of Corporation

40. Transfer of assets and liabilities

41. Transfer of officers

42. Limitation of time for legal actions

43. Recovery of rent

45. Conditions regarding the letting of houses

46. Minutes receivable in evidence

47. Power of entry

48. Vesting of lands

49. Regulations

Saint Lucia Housing Authority Regulations – Section 49

Housing (Income Tax Exemption) Regulations – Section 49

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) Vesting Order – Section 48(3)

Saint Lucia National Housing Corporation (Beausejour, Gros Islet) Vesting Order – Section 48(3)

SAINT LUCIA NATIONAL HOUSING CORPORATION (BEAUSEJOUR, GROS ISLET) VESTING ORDER – SECTION 48(3)

Saint Lucia National Housing Corporation (Urban Castries, Gros Islet, Vieux Fort and Praslin) Vesting Order – Section 48(1)

SAINT LUCIA NATIONAL HOUSING CORPORATION (URBAN CASTRIES, GROS ISLET, VIEUX FORT AND PRASLIN) VESTING ORDER – SECTION 48(1)

Saint Lucia National Housing Corporation (Karibelle) Vesting Order –Section 48(3)

SAINT LUCIA NATIONAL HOUSING CORPORATION (KARIBELLE) VESTING ORDER –SECTION 48(3)

Saint Lucia National Housing Corporation (Urban Castries) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (URBAN CASTRIES) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Carellie) Vesting Order – Section 48

SAINT LUCIA NATIONAL HOUSING CORPORATION (CARELLIE) VESTING ORDER – SECTION 48

Saint Lucia National Housing Corporation (Cresslands, Soufriere) Vesting Order – Section 48

SAINT LUCIA NATIONAL HOUSING CORPORATION (CRESSLANDS, SOUFRIERE) VESTING ORDER – SECTION 48

Saint Lucia National Housing Corporation (La Pearle) Vesting Order – Section 48(3)

SAINT LUCIA NATIONAL HOUSING CORPORATION (LA PEARLE) VESTING ORDER – SECTION 48(3)

Saint Lucia National Housing Corporation (Monchy) Vesting Order – Section 48

SAINT LUCIA NATIONAL HOUSING CORPORATION (MONCHY) VESTING ORDER – SECTION 48

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(3)

SAINT LUCIA NATIONAL HOUSING CORPORATION (LA RESSOURCE – VIEUX FORT) VESTING ORDER – SECTION 48(3)

Saint Lucia National Housing Corporation (Union Industrial Estate) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (UNION INDUSTRIAL ESTATE) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Fayole Estate) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (FAYOLE ESTATE) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(3)

SAINT LUCIA NATIONAL HOUSING CORPORATION (LA RESSOURCE – VIEUX FORT) VESTING ORDER – SECTION 48(3)

Saint Lucia National Housing Corporation (Marigot) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (MARIGOT) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Monchy) (No. 2) Vesting Order – Section 48

SAINT LUCIA NATIONAL HOUSING CORPORATION (MONCHY) (NO. 2) VESTING ORDER – SECTION 48

Saint Lucia National Housing Corporation (River Doree) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (RIVER DOREE) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Marigot) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (MARIGOT) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (LA RESSOURCE – VIEUX FORT) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Fond Assau) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (FOND ASSAU) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Bisee) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (BISEE) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Ciceron) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (CICERON) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Forestierre) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (FORESTIERRE) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (Monchy) Vesting Order – Section 48(2)

SAINT LUCIA NATIONAL HOUSING CORPORATION (MONCHY) VESTING ORDER – SECTION 48(2)

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting Order – Section 48(3)

PART 1 PRELIMINARY

45. Short title

2. Interpretation

PART 2 ESTABLISHMENT, CONSTITUTION, MANAGEMENT AND STAFF

3. Establishment of the Corporation

4. Board of Directors

5. Procedure and meetings of Board

6. Conflict of interest

7. Disclosure of interest and abstention from voting

8. Remuneration of members

9. Appointment of Managing Director

10. Appointment of staff

11. Establishment and maintenance of pension scheme

12. Appointment of committees

13. Service of notices

14. Protection of Corporation and its officers

15. Power of Minister to issue directions

PART 3 FUNCTIONS AND POWERS

16. Functions of Corporation

17. Powers of Corporation in relation to unfit building

18. Powers of Corporation in relation to abandoned objects

19. Power to make arrangements

PART 4 SETTLEMENT CLEARANCE, UPGRADING AND REDEVELOPMENT SCHEME

20. Power to secure settlement clearance

21. Duty to secure redevelopment

22. Plans to be sent to the Minister

23. Local body affected by scheme to be notified

24. Approval of scheme by Minister

25. Notification of approval of scheme

26. Corporation to implement scheme

27. Slum clearance and re-development by owner of land and buildings

28. Demolition order

29. Use of land under demolition order

30. Power of Corporation to seek information

PART 5 ACQUISITION AND COMPENSATION

31. Acquisition of property by Corporation

32. Assessment of compensation

33. Power to pay allowances to displaced persons

PART 6 FINANCIAL PROVISIONS

34. Funds and resources of Corporation

35. Application and investment of funds

36. Accounts and audit

37. Annual report

38. Borrowing powers

39. Guarantee of borrowings of Corporation

PART 7 TRANSITIONAL PROVISIONS

40. Transfer of assets and liabilities

41. Transfer of officers

42. Limitation of time for legal actions

PART 8 MISCELLANEOUS PROVISIONS

43. Recovery of rent

45. Conditions regarding the letting of houses

46. Minutes receivable in evidence

47. Power of entry

48. Vesting of lands

49. Regulations

SUBSIDIARY LEGISLATION

Saint Lucia Housing Authority Regulations – Section 49 (Statutory Instrument 33/1967)

2. Interpretation

3. Application for certificate of exemption

4. Registration as a trader

5. Persons who may be registered

6. Cancellation of registration

7. Separate accounts to be kept by builder

8. Approval of mortgagees

9. Application for guarantee of Authority

10. Manner of undertaking guarantee by Authority

11. Circumstances in which guarantee may be entered into

12. Circumstances in which application under regulation 9 must not be approved

14. Aggregate Monthly payment

15. Sums payable by mortgagor to mortgagee before mortgage executed

16. Consent of Authority necessary before execution of alterations or improvements

17. Mortgagee to inform Authority of failure of mortgagor to perform covenants

18. Condition of guarantee

19. Restrictions on exercise of power of sale

20. Circumstances in which guarantee becomes void

21. Effect of assignment of mortgage debt by an approved mortgagee

22. Reasonable care to be exercised by approved mortgagee

23. Expression of mortgage in foreign currency

24. Mortgage Insurance fee

PART 2 DIRECT LOANS

25. Term of direct loans

27. Applicant to prove loan unavailable from approved mortgagees

29. Establishment of firm age limits

30. Loans not normally to be made if applicant spouse owns a house

31. Matters to be considered in determining amount of loan

32. Form in which direct loans to be made

33. Particulars to be supplied to Authority if so required

34. Deviation from plans or specifications prohibited

35. Nature of land in respect of which loans made

36. Loans for acquisition, erection, repair, of houses

37. Condition of loans and power of Authority where premiums unpaid

38. Attorney General to be Solicitor of Authority Fees

39. Memorandum of charge

40. Memorandum of discharge

41. Progress advances

42. Sums payable by employees

43. Authority deemed to be an approved mortgageE

Housing (Income Tax Exemption) Regulations – Section 49 (Statutory Instrument 36/1967)

2. Tax free interest rate

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) Vesting Order – Section 48(3) (Statutory Instrument 50/2002)

2. Vesting of land

Saint Lucia National Housing Corporation (Beausejour, Gros Islet) Vesting Order – Section 48(3) (Statutory Instrument 70/2002)

2. Vesting of land

Saint Lucia National Housing Corporation (Urban Castries, Gros Islet, Vieux Fort and Praslin) Vesting Order – Section 48(1) (Statutory Instrument 103/2002)

2. Vesting of land

Saint Lucia National Housing Corporation (Karibelle) Vesting Order –Section 48(3) (Statutory Instrument 107/2002)

2. Vesting of land

Saint Lucia National Housing Corporation (Urban Castries) Vesting Order – Section 48(2) (Statutory Instrument 120/2002)

2. Vesting of lands

Saint Lucia National Housing Corporation (Carellie) Vesting Order – Section 48 (Statutory Instrument 13/2004)

2. Vesting of land

Saint Lucia National Housing Corporation (Cresslands, Soufriere) Vesting Order – Section 48 (Statutory Instrument 87/2005)

2. Vesting of land

Saint Lucia National Housing Corporation (La Pearle) Vesting Order – Section 48(3) (Statutory Instrument 183/2007)

2. Vesting of land

Saint Lucia National Housing Corporation (Monchy) Vesting Order – Section 48 (Statutory Instrument 84/2009)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(3) (Statutory Instrument 123/2009)

2. Vesting of Lands

Saint Lucia National Housing Corporation (Union Industrial Estate) Vesting Order – Section 48(2) (Statutory Instrument 60/2010)

2. Vesting of Land

Saint Lucia National Housing Corporation (Fayole Estate) Vesting Order – Section 48(2) (Statutory Instrument 61/2010)

2. Vesting of Land

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(3) (Statutory Instrument 68/2010)

2. Vesting of Lands

Saint Lucia National Housing Corporation (Marigot) Vesting Order – Section 48(2) (Statutory Instrument 29/2011)

2. Vesting of land

Saint Lucia National Housing Corporation (Monchy) (No. 2) Vesting Order – Section 48 (Statutory Instrument 53/2011 and 13/2012)

2. Vesting of land

Saint Lucia National Housing Corporation (River Doree) Vesting Order – Section 48(2) (Statutory Instrument 32/2012)

2. Vesting of land

Saint Lucia National Housing Corporation (Marigot) Vesting Order – Section 48(2) (Statutory Instrument 43/2012)

2. Vesting of Land

Saint Lucia National Housing Corporation (La Ressource – Vieux Fort) Vesting Order – Section 48(2) (Statutory Instrument 27/2013)

2. Vesting of land

Saint Lucia National Housing Corporation (Fond Assau) Vesting Order – Section 48(2) (Statutory Instrument 39/2013)

2. Vesting of land

Saint Lucia National Housing Corporation (Bisee) Vesting Order – Section 48(2) (Statutory Instrument 40/2013)

2. Vesting of land

Saint Lucia National Housing Corporation (Ciceron) Vesting Order – Section 48(2) (Statutory Instrument 41/2013)

2. Vesting of land

Saint Lucia National Housing Corporation (Forestierre) Vesting Order – Section 48(2) (Statutory Instrument 42/2013)

2. Vesting of land

Saint Lucia National Housing Corporation (Monchy) Vesting Order – Section 48(2) (Statutory Instrument 76/2014)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 2/2015)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource – Vieux-Fort) (No. 2) Vesting Order – Section 48(2) (Statutory Instrument 118/2015)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 38/2017)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting (No. 2) Order – Section 48(3) (Statutory Instrument 39/2017)

2. Vesting of land

Saint Lucia National Housing Corporation (Doe Carmel, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 102/2017)

2. Vesting of land

Saint Lucia National Housing Corporation (Doe Carmel, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 81/2018)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 82/2018)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) (No. 2) Vesting Order – Section 48(3) (Statutory Instrument 85/2018)

2. Vesting of land

Saint Lucia National Housing Corporation (Derriere Morne, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 89/2018)

2. Vesting of land

Saint Lucia National Housing Corporation (Forrestiere, Castries) Vesting Order – Section 48(2) (Statutory Instrument 33/2019)

2. Vesting of land

Saint Lucia National Housing Corporation (The Union Industrial Estate at Postlewaithe, Gros Islet) Vesting Order – Section 48(3) (Statutory Instrument 137/2019)

2. Vesting of land

Saint Lucia National Housing Corporation (Bois d'Orange Development Project) Vesting Order – Section 48(2) (Statutory Instrument 69/2020)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) Vesting Order – Section 48(3) (Statutory Instrument 192/2020)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux-Fort) (No. 1) Vesting Order – Section 48(3) (Statutory Instrument 104/2022)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) (No. 2) Vesting Order – Section 48(3) (Statutory Instrument 105/2022)

2. Vesting of land

Saint Lucia National Housing Corporation (Micoud) Vesting Order – Section 48(2) (Statutory Instrument 125/2022)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) (No. 3) Vesting Order – Section 48(3) (Statutory Instrument 140/2022)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) (No. 5) Vesting Order – Section 48(3) (Statutory Instrument 204/2022)

2. Vesting of land

Saint Lucia National Housing Corporation (La Ressource, Vieux Fort) Vesting Order – Section 48(2) (Statutory Instrument 48/2023)

2. Vesting of land