(1) In the prescribed circumstances, the Registrar may restrict the powers or activities that an external company can exercise or carry on in Saint Lucia.
(2) When any powers or activities of an external company are restricted under subsection (1), the company shall not exercise those powers or carry on those activities in Saint Lucia.
(3) Where any powers or activities of an external company are to be restricted under subsection (1)—
(a) the Registrar shall notify the company of what he or she intends to do;
(c) the company may appeal to the Minister within 30 days from the date on which the notification from the Registrar was received by the company; and
(c) the Minister may confirm, vary or overrule the decision of the Registrar.