Revised Laws of Saint Lucia (2021)

264.   Registration of receiver

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    (1)   Where any person—

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      (a)     obtains an order for the appointment of a receiver of any of the property of a company; or

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      (b)     appoints a receiver of any of the property of a company or enters into possession of any property of a company under any powers contained in any charge,

he or she shall give, within 10 days from the date of the order, appointment or entry into possession, notice thereof to the Registrar, who shall enter the fact in the register of the particulars of charges relating to the company.

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    (2)   When—

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      (a)     a person who has been appointed a receiver of the property of a company ceases to act as receiver; or

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      (b)     a person who had entered into possession of any property of a company goes out of possession of that property,

he or she shall, within 10 days of his or her having done so, give notice of his or her so doing in the prescribed form to the Registrar, who shall enter the notice in the register of the particulars of charges relating to the company.

Application of Division