Revised Laws of Saint Lucia (2021)

24.   Annual report

  1.  

    (1)   Not later than 3 months after the end of each financial year and in accordance with subsection (3), the Board shall submit to the Minister an annual report on the work and activities of the Board for that financial year and the Minister shall not later than 3 months after the submission lay the same in Parliament.

  1.  

    (2)   Information contained in the report referred to in subsection (1) shall include —

    1.  

      (a)     the number of applications made, granted and refused under this Act;

    1.  

      (b)     the names, addresses and nationalities of successful applicants and any qualifying dependants included in the applications;

    1.  

      (c)     the amount and other details of the investment;

    1.  

      (d)     such other information as the Minister considers appropriate.

  1.  

    (3)   The name of an unsuccessful applicant shall not be included in the report in subsection (1).

  1.  

    (4)   An annual report under subsection (1) must be accompanied by the auditor's report under section 23.