(1) The directors of a public company shall take all reasonable steps to ensure that each secretary and assistant secretary of the company is a person who appears to the directors to have the requisite knowledge and experience to discharge the functions of a secretary of a public company.
(2) For the purpose of this section a person who—
(a) on the commencement date, held the office of secretary, assistant secretary or deputy secretary of a public company;
(b) for at least 3 years of the 5 years immediately preceding his or her appointment as secretary, held the office of secretary of a public company;
(c) is a member in good standing of the Institute of Chartered Accountants of Saint Lucia, the Institute of Chartered Accountants or Certified Accountants in England and Wales, Ireland or Scotland, or the Canadian Institute of Chartered Accountants, or the American Institute of Certified Public Accountants, the Institute of Chartered Secretaries and Administrators or the Chartered Institute of Public Finance and Accountancy;
(d) is an attorney-at-law; or
(e) by virtue of his or her holding or having held any other position or having been a member of any other body, appears to be capable of discharging the functions of a secretary of a public company,
may be assumed by a director of a public company to have the requisite knowledge and experience to discharge the functions of a secretary or assistant secretary of a public company, if the director does not know otherwise.