Revised Laws of Saint Lucia (2021)

109.   Statutory date

If no record date is fixed—

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    (a)     the record date for determining the shareholders who are entitled to receive a notice of a meeting of the shareholders is—

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      (i)     the close of business on the date immediately preceding the day on which the notice is given, or

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      (ii)     if no notice is given, the day on which the meeting is held; and

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    (b)     the record date for the determination of shareholders for any purpose other than the purpose specified in paragraph (a) is the close of business on the day on which the directors pass the resolution relating to that purpose.