(1) Except with the permission of the Director of Finance and Planning, a person shall not in Saint Lucia make any payment to or for the credit of a person resident in the scheduled territories, and no person resident in the scheduled territories shall in Saint Lucia do any act which involves, is in association with or is preparatory to the making of any such payment outside Saint Lucia, as consideration for or in association with—
(a) the receipt by any person of a payment made outside the scheduled territories, or the acquisition by any person of property which is outside the scheduled territories; or
(b) the transfer to any person, or the creation in favour of any person, of a right (whether present or future, and whether vested or contingent) to receive a payment outside the scheduled territories or to acquire property which is outside the scheduled territories.
(2) This section shall not prohibit the making of any payment in accordance with the terms of a permission or consent granted under this Act.