Revised Laws of Saint Lucia (2023)

9.   Regulations

1.  

   (1)   The Minister may issue such directions and make such regulations as he or she may think fit for the purposes, and to give effect to the provisions, of this Act.

1.  

   (2)   Without prejudice to the generality of subsection (1), such regulations may—

   1.  

      (a)      make provision for regulating subject to the provisions of this Act the preparation, form, mode of issue, mode of payment, and cancellation of Treasury Bills;

   1.  

      (b)      providing for procedures for making an offer of Treasury Bills;

   1.  

      (c)      providing for procedures for recording and transferring title to Treasury Bills;

   1.  

      (d)      containing such safeguards as appear to the Minister appropriate for the protection of investors;

   1.  

      (e)      providing for the transmission of title to Treasury Bills by operation of law; and

   1.  

      (f)      such supplementary, incidental and transitional provisions as appear to the Minister to be necessary or expedient.

1.  

   (3)   Any regulations made under this section shall be published in the Gazette, and upon such publication, they shall have effect as if they formed part of this Act.

(Amended by Act 30 of 2003)

CHAPTER 15.33
TREASURY BILLS ACT

SUBSIDIARY LEGISLATION

List of Subsidiary Legislation