(1) The functions of the National Committee are to facilitate —
(a) necessary information sharing between competent authorities involved in counter-proliferation financing initiatives;
(b) the production and dissemination of information on the risks of proliferation financing in order to give advice and make decisions on counter-proliferation financing requirements;
(c) co-operation amongst competent authorities in the development of counter-proliferation financing policies and proposed legislation;
(d) consistent and coordinated approaches to the development and dissemination of counter-proliferation financing guidance materials and training initiatives by competent authorities;
(e) good practice and consistent approaches to supervision of this Act; and
(f) provide a forum for examining any operational or policy issues that have implications for the effectiveness or efficiency of counter-proliferation financing initiatives.
(2) For the purposes of this section, “competent authority” means the —
(a) Ministry responsible for external affairs;
(b) Ministry responsible for national security;
(c) Attorney General's Chambers;
(d) Customs and Excise Department;
(e) Financial Intelligence Authority;
(f) Financial Services Regulatory Authority;
(g) Royal Saint Lucia Police Force;
(h) Eastern Caribbean Central Bank; (Amended by Act 17 of 2023)
(i) Director of Public Prosecutions; (Inserted by Act 17 of 2023)
(j) Department of Finance. (Inserted by Act 17 of 2023)
(3) Notwithstanding subsection (2), a reference to a competent authority in relation to proliferation financing is a reference to the Attorney General. (Inserted by Act 17 of 2023)