Revised Laws of Saint Lucia (2021)

11.   Borrowing powers

The Trust may with the approval of Cabinet raise money by borrowing unsecured by the issue of loan stock or otherwise or secured by debentures giving a floating charge or fixed charges over all or any of their property (not being property specified in any such resolution of the Council as proper to be held for the benefit of the State) and by way of specific mortgage thereof and by charging or appropriating as security for money borrowed the rents, profits or income derivable from any of the lands or properties of the Trust, including the rents, profits and income arising from the property held for the benefit of the Territory.