2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

6.   Rectification of registers

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    (1)   A share registry which rectifies a register of securities kept by it shall immediately notify the issuer of the securities and any member or other person concerned of the change to the register.

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    (2)   Without prejudice to any lesser period of limitation or prescription, liability incurred by a share registry from the making or deletion of any entry in a register of securities, or from failure to make or delete any such entry, is not enforceable more than 10 years after the date on which the entry was made or deleted or the failure first occurred.

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    (3)   Without affecting the generality of regulation 3(3), section 177(2) of the Companies Act shall apply to any register of members kept under these Regulations.