Revised Laws of Saint Lucia (2022)

8.   Powers of Corporation

1.  

   The Corporation shall have the power—

   1.  

      (a)     to acquire, hold, purchase, lease, possess and enjoy any lands and hereditaments whatsoever absolutely or for leasehold or for any other estate or interest therein and all other property real or personal;

   1.  

      (b)     to give, grant, let, charge, improve, manage, develop, cultivate, farm, breed, and raise livestock, exchange, lease, mortgage, sell, convey, assign, dispose of, turn to account or otherwise deal with all or any property both present and future, or any part thereof held by or vested in the Corporation;

   1.  

      (c)     to borrow, raise or secure the payment of money in such manner as may be thought fit and in particular by the issue of debentures or script charged upon all or any of the property, both present and future, held by or vested in the Corporation, and to redeem and pay off any such securities; and

   1.  

      (d)     to appoint a person as the Attorney of the Corporation either generally or for a limited period and for such purposes and with such powers as may be stated in a power of attorney, and to revoke any such appointment.