Revised Laws of Saint Lucia (2021)

19.   Special provisions as to dealings in certain securities

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    (1)   The Governor General may, if in his or her opinion there are circumstances rendering it necessary or expedient so to do, by order direct that this section shall apply to such securities as may be prescribed, being securities on which capital monies, dividends or interest are payable in a specified currency or as respects which the holder has an option to require payment of any capital monies, dividends or interest thereon in a specified currency.

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    (2)   Except with the permission of the Director of Finance and Planning, a person shall not, in Saint Lucia, transfer, or do anything which affects his or her rights or powers in relation to, any security to which this section applies, and a person resident in the scheduled territories shall not in Saint Lucia do any act which involves, is in association with or is preparatory to any such transaction outside Saint Lucia.