(1) When a member state company ceases to carry on its business in Saint Lucia, the company shall file a notice in the prescribed form to that effect with the Registrar, who shall upon receiving that notice, cancel the registration of the company under this Act.
(2) If a member state company ceases to exist and the Registrar is made aware of that circumstance by evidence satisfactory to him or her, the Registrar may cancel the registration of the company under this Act.
(3) Where the registration of a member state company has been cancelled, that company shall submit its certificate of registration to the Registrar.
(Inserted by Act 13 of 2015)