Revised Laws of Saint Lucia (2021)

5.   Powers of the Trust

The Trust shall apart from the powers consistent with the objects for which it is constituted have the following powers—

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    (a)     to acquire by purchase, exchange, devise or otherwise all kinds of property moveable or immoveable (messuages, lands, tenements, hereditaments of any tenure and also moneys, securities for money, goods or chattels, whatsoever) and may exercise full powers of ownership over such property.

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    However, the powers to sell, lease, exchange or otherwise dispose of any immoveable property or interests therein vested in the Trust shall not be exercised without the prior approval of Cabinet;

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      (b)     to grant a lease of any property, or part thereof vested in the Trust and which has become inalienable by virtue of section 10, upon such terms and conditions as the Council may think fit;

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      (c)     to grant any servitude, right or interest (not including a right or interest to the exclusive possession of the surface) over or in respect of any property made inalienable by or under section 10.