(758) 468-3200
Government Saint Lucia
 
 
 
Home
/
Departments
/
Legislative Drafting
/
Revised Laws of Saint Lucia
/
SECURITIES ACT
/
134.   Information relating to transactions

Revised Laws of Saint Lucia (2021)

saint Lucia
back arrow Back to Revised Laws of Saint Lucia (2021)
back arrow Back to Table of Contents

134.   Information relating to transactions

  1.  

    (1)   The Commission or a person authorised in writing by the Commission for the purpose of this section may require—

    1.  

      (a)     a person registered as the holder of securities;

    1.  

      (b)     a person whom the Commission or the person authorised has reasonable grounds to believe holds securities;

    1.  

      (c)     a person whom the Commission or the person authorised has reasonable grounds to believe has a beneficial interest in securities;

    1.  

      (d)     a person whom the Commission has reasonable grounds to believe has acquired or disposed of securities directly or through a nominee, trustee or agent, and whether as beneficial owner, nominee, trustee, agent or otherwise;

    1.  

      (e)     a licensee,

  1.  

    to disclose to the Commission or the person authorised by the Commission the information referred to in subsection (2) in relation to an acquisition, disposal or holding of securities.

  1.  

    (2)   The information that may be required under subsection (1) is—

    1.  

      (a)     the name, address, telephone number and occupation of the person, or other particulars that are capable of establishing the identity of the person, from, to or through whom, or on whose behalf, the securities were acquired, disposed of or were or are held;

    1.  

      (b)     the quantity of securities so acquired, disposed of or held; and

    1.  

      (c)     the instructions given to or by the person referred to in (a) in relation to the securities.

  1.  

    (3)   A person commits an offence if that person—

    1.  

      (a)     without reasonable excuse fails to disclose to the Commission or the authorised person information required to be disclosed under this section and which is in his or her possession or under his or her control; or

    1.  

      (b)     furnishes to the Commission or the authorised person in purported compliance with the requirement of disclosure under this section information which the person knows to be false or misleading in a material particular, where the Commission or an authorised person requires information under subsection (1).

Address

2nd Floor Francis Compton Building, 
Waterfront,
Castries, Saint Lucia

Need help?

Site Map

HomeAbout AG OfficeDepartmentsAccessibilityContact Us

Quick Links

Inland Revenue Department of Government of Saint Lucia (IRD)Government of Saint Lucia Citizenship by Investment Financial Intelligence Authority

Important Links

CARICOMOECSFSRA
 
© 2024 Attorney General's Chambers
Site by