(1) A company has the capacity, and, subject to this Act, the rights, powers and privileges of an individual.
(2) A company has the capacity to carry on its business, conduct its affairs and exercise its powers in any jurisdiction outside Saint Lucia to the extent that the laws of Saint Lucia and of that jurisdiction permit.
(3) It is not necessary for a bye-law to be passed to confer any particular power on a company or its directors.
(4) This section does not authorise any company to carry on any business or activity in breach of—
(a) any enactment prohibiting or restricting the carrying on of the business or activity; or
(b) any provision requiring any permission or licence for the carrying on of the business or activity.