Revised Laws of Saint Lucia (2021)

269.   List of debenture holders

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    (1)   A holder of debentures issued under a trust deed may, upon payment to the trustee of a reasonable fee, require the trustee to furnish, within 15 days after delivering to the trustee the statutory declaration referred to in subsection (4), a list setting out the—

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      (a)     names and addresses of the registered holders of the outstanding debentures of the issuer;

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      (b)     principal amount of outstanding debentures owned by each such holder; and

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      (c)     aggregate principal amount of debentures outstanding,

as shown in the records maintained by the trustee on the day that the statutory declaration is delivered to him or her.

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    (2)   Upon the demand of a trustee, the issuer of debentures shall furnish the trustee with the information required to enable the trustee to comply with subsection (1).

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    (3)   If the person requiring the trustee to furnish a list under subsection (1) is a body corporate, the statutory declaration required under that subsection shall be made by a director or officer of the body corporate.

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    (4)   The statutory declaration required under subsection (1) shall state—

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      (a)     the name and address of the person requiring the trustee to furnish the list, and, if the person is a body corporate, its address for service; and

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      (b)     that the list will not be used except as permitted under subsection (5).

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    (5)   A list obtained under this section shall not be used by any person except in connection with—

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      (a)     an effort to influence the voting of the debenture holders;

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      (b)     an offer to acquire debentures; or

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      (c)     any other matter relating to the debentures or the affairs of the issuer or guarantor thereof.