Revised Laws of Saint Lucia (2021)

548.   “Holding” and “subsidiary”

For the purposes of this Act—

  1.  

    (a)     a body corporate is the holding body corporate of another if that other body corporate is its subsidiary; and

  1.  

    (b)     a body corporate is a subsidiary of another body corporate if it is controlled by that other body corporate.

Public Distribution of Corporate Securities